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abcdefg2
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Software error for Oregon ABLE Savings Credit

For 2020, Oregon offers a credit for contributions to an Oregon ABLE Savings account. The credit is graduated based on AGI and total 2020 contributions, up to a $150 maximum credit for a single filer (https://www.oregonablesavings.com/faqs/2020/1/23/what-is-the-oregon-income-tax-credit).

 

Based on my AGI and total 2020 contributions, I should be receiving a credit that is far less than the $150 maximum. The TurboTax software is giving me the full $150 credit. I've tried entering a variety of 2020 contribution amounts, just to see what would happen, and the software consistently gives me the full $150 credit no matter what is entered. How do I fix/work around this error?

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2 Replies
BrandiLO
Intuit Alumni

Software error for Oregon ABLE Savings Credit

This issue is best addressed by contacting customer care. Please click here for the steps to contact customer care based on the product you are using.

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Fleming
New Member

Software error for Oregon ABLE Savings Credit

I'm getting a similar error.  When I just put in an ABLE contribution, I get the full credit (which I don't qualify for). When I add in a 529 plan contribution for another child, it calculates the 529 correctly AND fixes the ABLE error.  

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