A portion of contributions to a Georgia Path2College 529 plan can be subtracted from income on the Georgia individual income tax return.
Contributions up to $4,000 per year, per beneficiary, are eligible for a Georgia state income tax deduction for those filing a single return and up to $8,000 per year, per beneficiary, for those filling a joint return.
To enter the deductible portion of the contributions that were made in TaxSlayer ProWeb, from the Georgia Return menu select:
- Subtractions from Income
- 20xx Savings Plan Contributions - Enter the total deductible amount of contributions per beneficiary, up to $8,000 maximum for MFJ filers and $4,000 for all others.
Additional Information:
TaxSlayer Pro strives to keep the information on this page timely and accurate but makes no promise or guarantee about the timeliness, accuracy, or completeness of the contents of this page. This is general information and is not intended to be tax advice. You are encouraged to also review the underlying state resources and publications.