Where Do to Enter Contributions to a Utah my529 Plan?
Software reference · Written guide Content date 1 min read
If a taxpayer contributes to a Utah my529 plan they may be eligible for a credit on their Utah state tax return.
The credit is calculated as a percentage of the lesser of the contributions made during year or a maximum amount per beneficiary. See the my529 website for the current year's percentage and limits.
Tax Processors Plus Desktop – To enter the deductible portion of the contributions that were made in the Tax Processors Plus Desktop program, from the main menu of the Utah return select:
- Tax less Nonrefundable Credits
- Apportionable Credits
- Other Apportionable Credits - Select New.
- Select my529 (UESP) Credit from the drop-down menu.
Tax Processors Plus Online – To enter the deductible portion of the contributions that were made in Tax Processors Plus Online, from the main menu of the Utah return select:
- Credits
- Apportionable Nonrefundable Credit - Select my529 (UESP) Credit from drop down menu.
Additional Information: