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Level 2
February 16, 2023
Question

Where do I enter deductions for a WV smart529 plan?

  • February 16, 2023
  • 1 reply
  • 0 views
It's only asking me to fill in the area for distributions, not contributions.

1 reply

DMarkM1
Level 15
February 16, 2023

The contributions are not deductible on the federal return however in the WV state interview you can get a deduction for contributions to the WV Smart 529 plan.  

 

If you have already started your WV return, in the state return list 

  1. Click "Continue" for WV 
  2. Click "Update" for the "Adjustments" section in the WV state interview.  
  3. Check the box for "Made contributions to a West Virginia Prepaid Tuition/Savings Plan Trust Fund."  
  4. Continue 

 

If you haven't started your WV interview yet 

  1. "Start"  WV 
  2. Progress through the interview to arrive at the page titled "Any Adjustment to your Federal Income" 
  3. Check the box for "Made contributions to a West Virginia Prepaid Tuition/Savings Plan Trust Fund."
  4. Continue 
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Level 2
February 16, 2023

Thank You! It has never asked me for a pdf before, so I thought that was the wrong place to enter it. It keeps getting rejected because I didn't know it needed the documentation.