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June 1, 2019
Question

Can I deduct 529 and Washington State GET contributions?

  • June 1, 2019
  • 1 reply
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Should and where do I put the contributions to a on the turbo tax  forms where I have for two grand children in a 529 which I contribute to each year and  I also have two other grandchildren which I contribute to each month to their Washington State GET education program?

1 reply

Employee
June 1, 2019

There is no federal deduction for 529 or GET contributions.  The benefit of 529 plans is that they grow tax-free.

Washington State has no income tax.

**Answers are correct to the best of my ability but do not constitute tax or legal advice.