Where Do I Enter Contributions to a Rhode Island 529 College Bound Savings Plan?
Desktop · Written guide Content date 1 min read
If a taxpayer contributes to a Rhode Island College Bound Saver plan they may be eligible for a subtraction from income on their Rhode Island tax return.
The maximum deduction is $5,000 ($10,000 if a joint return) regardless of the number of accounts.
To enter the deductible portion of the contributions in Tax Processors Plus Desktop, from the Rhode Island Return menu select:
- RI Taxable Income
- Modifications to Federal AGI
- Total Modifications Decreasing Federal AGI
- Tuition Savings Program Contributions
Additional Information:
Rhode Island State Tax Information
Rhode Island CollegeBound Saver Program
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.