davidheier
Level 1

The program limits the 529 deduction to 15K per taxpayer.  The PA instructions say the limit is 15K per beneficiary.  I am confused as to what they consider "beneficiary".  The Proseries instructions say it is 15K per taxpayer.  If a taxpayer has 4 children and contributes 15K to their children's 529 plans, proseries only gives a 15K deduction (30 if MFJ and spouse has income).  Under how I read the PA instructions, he should get a 60K deduction.

Can someone help with clarifying this?

Thanks.

David

0 Cheers
Terry53029
Level 14
Level 14

I don't do PA taxes, but when I looked at their site I think they definitely mean $15000 per child. You may have to override, and when you efile just turn off error checking. @IntuitBettyJo  could you look into this. Thanks