Skip to main content
Level 2
February 12, 2021
Solved

Wisconsin Edvest

  • February 12, 2021
  • 2 replies
  • 17 views

I contributed $3,340 to my Childs College Savings Plan (Edvest) for 2020.  However only $3280 is coming through on the form which was the allowable amount for 2019.  Is the software not updated for the 2020 maximum amount, or am I missing something?

 

    Best answer by DaveF1006

    I tested this in both our Turbo Tax online version and the software and I received the full deduction for $3340, which is the maximum amount in 2020. What I suggest is to delete your Wisconsin State return after removing the $3280 contribution amount. Add the state return back and then add the contribution amount. You should see a difference.  

    2 replies

    DaveF1006
    DaveF1006Answer
    Level 15
    February 12, 2021

    I tested this in both our Turbo Tax online version and the software and I received the full deduction for $3340, which is the maximum amount in 2020. What I suggest is to delete your Wisconsin State return after removing the $3280 contribution amount. Add the state return back and then add the contribution amount. You should see a difference.  

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"
    Level 2
    February 12, 2021

    Thank you.  Worked perfectly!