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Where do i enter my PA 529 plan contributions

 
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Where do i enter my PA 529 plan contributions

Contributions to a qualified college savings plan are not deductible on your federal return, but may be deductible on your state return. If your state allows a deduction, you will see the entry point as you work through the state return. 

You can find more details here Information on 529 Plans

Where to enter in State portion of your return:

  • Log into your return and click orange Take me to my return button
  • Click on State Taxes and then Your State Returns right below that
  • If you have already entered your state, click Edit next to it and Continue
  • Click Update/Start next to Income and Adjustments
  • Go through about 5 screens until you get to the one that asks Did you make a 529 contribution in 2016? and answer Yes
  • The next screen should be where you can enter contributions you made

NOTE: Pennsylvania allows a maximum deduction of $14,000 per beneficiary, per taxpayer for 529 Tuition Account Program contributions made in 2016 to a Pennsylvania 529 Tuition Account Program or another state's 529 College Savings Plan.

Rollovers are not considered a contribution, and you are not allowed a deduction for any amounts you rolled over. 

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2 Replies
hasslnan
New Member

Where do i enter my PA 529 plan contributions

where do I enter my Pa contributions to a 529 plan in the state portion of turbo tax

Where do i enter my PA 529 plan contributions

Contributions to a qualified college savings plan are not deductible on your federal return, but may be deductible on your state return. If your state allows a deduction, you will see the entry point as you work through the state return. 

You can find more details here Information on 529 Plans

Where to enter in State portion of your return:

  • Log into your return and click orange Take me to my return button
  • Click on State Taxes and then Your State Returns right below that
  • If you have already entered your state, click Edit next to it and Continue
  • Click Update/Start next to Income and Adjustments
  • Go through about 5 screens until you get to the one that asks Did you make a 529 contribution in 2016? and answer Yes
  • The next screen should be where you can enter contributions you made

NOTE: Pennsylvania allows a maximum deduction of $14,000 per beneficiary, per taxpayer for 529 Tuition Account Program contributions made in 2016 to a Pennsylvania 529 Tuition Account Program or another state's 529 College Savings Plan.

Rollovers are not considered a contribution, and you are not allowed a deduction for any amounts you rolled over. 
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