I contributed 12k to my kids' NY 529 account this year. how do i enter it in turbotax, will i enter it as 10k for the ny tax deduction? as i am having error when 12k is entered.
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I'm not specifically familiar with the NY TT program. Normally, entering too much is not a problem, as TT only uses what is allowed. Unlike many other sates, NY does not appear to have a deduction carryover provision for contributions of more than $10,000. I would try entering just $10K.
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