You'll need to sign in or create an account to connect with an expert.
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
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.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
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.Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
nativi81
New Member
chinths
New Member
ColoRock
Level 1
AdamBATL
Level 2
gowrish
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.