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ingridfgcuba
New Member

Do I get any tax breaks for the contributions made to prepaid college?

 
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RichardG
New Member

Do I get any tax breaks for the contributions made to prepaid college?

There is no federal income tax deduction for contributions to a college savings plan.  Many states do grant a deduction for contributions to these plans.  Be sure and look for that deduction as you complete your state tax return.

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RichardG
New Member

Do I get any tax breaks for the contributions made to prepaid college?

There is no federal income tax deduction for contributions to a college savings plan.  Many states do grant a deduction for contributions to these plans.  Be sure and look for that deduction as you complete your state tax return.

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