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June 5, 2019
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How are 529 plan contributions affected by the new tax reform law?

  • June 5, 2019
  • 1 reply
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Can contributions to a 529 plan be used to pay for a private high school in 2018 under the new tax law?

Best answer by TaxGuyBill

Yes, up to $10,000 of distributions (per student, per year) from a 529 plan qualify for private K-12 (and some Home-school expenses) starting in 2018.

1 reply

Employee
June 5, 2019

Yes, up to $10,000 of distributions (per student, per year) from a 529 plan qualify for private K-12 (and some Home-school expenses) starting in 2018.