Solved: Are the fees charged by the 529 plan manager, deductable for income taxes??
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Are the fees charged by the 529 plan manager, deductable for income taxes??

 
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Are the fees charged by the 529 plan manager, deductable for income taxes??

No, since the fees are pay with tax deferred funds.

However, if you are billed for and paid the fees outside of the 529 plan, it is deductible as an investment expense, subject to being a misc. itemized deduction, and subject to the 2% of AGI rule.

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Level 15

Are the fees charged by the 529 plan manager, deductable for income taxes??

No, since the fees are pay with tax deferred funds.

However, if you are billed for and paid the fees outside of the 529 plan, it is deductible as an investment expense, subject to being a misc. itemized deduction, and subject to the 2% of AGI rule.

View solution in original post

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