Starting in tax year 2023, Delaware provides a deduction for contributions to the Delaware 529 Education Savings Plan. The amount of the deduction is $1,000 for single filers making less than $100,000 per year and $2,000 for joint filers making less than $200,000 per year.
To enter the deductible portion of the contributions made in the Delaware individual income tax return in TaxSlayer Pro, from the Delaware Tax Return Main Menu select:
- DE Additions/Subtractions from Income
- 529 Contributions or ABLE Program
Additional Information: