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pdallman
New Member

MOST529 Contribution

Turbotax didn't prompt me to enter 529 contributions that I made during 2020.

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‎February 19, 2021 1:52 PM
last updated ‎February 19, 2021 1:52 PM
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ThomasM125
Expert Alumni
Expert Alumni

MOST529 Contribution

Your education savings plan contributions are not tax deductible, so you do not have to enter them on your tax return. The benefit you get from them is that the income earned is not taxable if you use the proceeds for qualifying education expenses.

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‎February 19, 2021 3:27 PM
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