Indiana offers a tax credit for 529 contributions (rather than a deduction like some other states). There is a specific place to enter this in step-by-step. Here is how you can enter your Indiana 529 contributions in TurboTax Desktop:
- Navigate to the Indiana section of TurboTax (State Taxes > Indiana)
- Continue until you arrive at the screen Take a look at Indian credits and taxes
- Under the heading Education, choose Start or Revisit Indiana 529 Education Savings Plan Credit
- Enter the information from the 529 contribution
Here is some more information on deducting 529 contributions: 529 Plans and Taxes: Deductions, Tax-Free Withdrawals & More