Where Do I Enter Contributions to Alabama's CollegeCounts 529 Fund?
Desktop · Written guide Content date 1 min read
If a taxpayer contributes to an Alabama 529 College Savings plan, a portion of the contribution can be subtracted from income on the Alabama return. Contributions up to $5,000 per year are eligible for an Alabama state income tax deduction for those filing a single return, and up to $10,000 per year for those filling a joint return.
To enter the deductible portion of the contributions in the Alabama individual tax return in Tax Processors Plus Desktop, from the Alabama Return Menu select:
- Total Adjustments to Income
- Payments to AL PACT or College Education Savings - Enter the contribution amount but nor more than $5,000 ($10,000 for joint filers). Joint filers enter the amount as a combined total.
Additional Information:
CollegeCounts Alabama's 529 Fund
Tax Processors Plus Desktop strives to keep the information on this page timely and accurate but makes no promise or guarantee about the timeliness, accuracy, or completeness of the contents of this page. This is general information and is not intended to be tax advice. You are encouraged to also review the underlying state resources and publications.