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where do I enter donation to a 529 fund?

 
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Accepted Solutions
Hal_Al
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

where do I enter donation to a 529 fund?

For most people, you don't enter it, at all.  There is no federal deduction for making a contribution to a 529 plan, so there is no place in the TurboTax (TT) Federal program to enter it.  TT will not be tracking your contributions.

 

Some states allow a deduction on the state return. If your state is one, it will come up in the state interview; usually in the "Here's how (your state) handles income differently" section.  If your state allows a carryforward, the TT state program will track that. 

 

For a state list of eligible plans, see: https://www.savingforcollege.com/article/how-much-is-your-state-s-529-plan-tax-deduction-really-wort...

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1 Reply
Hal_Al
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

where do I enter donation to a 529 fund?

For most people, you don't enter it, at all.  There is no federal deduction for making a contribution to a 529 plan, so there is no place in the TurboTax (TT) Federal program to enter it.  TT will not be tracking your contributions.

 

Some states allow a deduction on the state return. If your state is one, it will come up in the state interview; usually in the "Here's how (your state) handles income differently" section.  If your state allows a carryforward, the TT state program will track that. 

 

For a state list of eligible plans, see: https://www.savingforcollege.com/article/how-much-is-your-state-s-529-plan-tax-deduction-really-wort...

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