Where Do I Enter Contributions to a Massachusetts 529 College Plan?
Desktop · Written guide Content date 1 min read
If a taxpayer contributes to a Massachusetts 529 college plan, a portion of the contribution can be subtracted from income on the Massachusetts state tax return.
Contributions up to $1,000 per year are eligible for a Massachusetts state income tax deduction for those filing a single return, and $2,000 per year for those filing a joint return.
To enter the deductible portion of the contributions in Tax Processors Plus Desktop, from the Massachusetts Tax Return Menu select:
- 5.0% Deductions
- Other Deductions
- Prepaid Tuition - Enter the deductible amount of the contribution that the taxpayer and spouse, if applicable, made to the plan, but not more than $2,000 for MFJ filers or $1,000 for all others.
Additional Information:
Massachusetts State Tax Information
Massachusetts 529 College Savings Plan
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.