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V
vmartinez54
March 25, 2021
Question

Does an Oregon College savings 529 plan qualify for a deduction. if so, where would i enter this information?

  • March 25, 2021
  • 1 reply
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1 reply

M
MinhT1
March 25, 2021

An Oregon 529 plan contribution is not deductible at the Federal level.

 

For your Oregon state return, the deduction has been replaced in 2020 by a tax credit of up to $300 for joint filers and up to $150 for single filers on contributions made to their Oregon College Savings Plan account.

 

Please read this Oregon College Savings Plan document.

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