Max 529 Contribution 2024 Indiana. Indiana taxpayers making contributions to a collegechoice 529 account now qualify for a 20% tax credit on up to $1500 ($750 for married filing separately). Indiana taxpayers who contribute to a collegechoice 529 may receive a state income tax credit equal to 20% of their contributions.
Who can contribute to a 529? Unlike retirement accounts, the irs does not impose annual contribution limits on 529 plans.
This Limit Is Subject To.
Instead, limits are based on aggregate.
You Can Find Detailed Updates Regarding All Of.
Collegechoice 529 direct savings plan:
Unlike Retirement Accounts, The Irs Does Not Impose Annual Contribution Limits On 529 Plans.
Images References :
529 Contribution Limits Are Set By Each State Plan And Generally Apply A Total Account Limit Per Beneficiary.
Increased indiana state tax credit.
This Limit Is Subject To.
A number of updates to federal and indiana state law went into effect as of january 1, 2024.
