Schedule IN-529 - education savings plan credit

Indiana allows for a credit against state income tax for contributions made to an Indiana CollegeChoice 529 Education Savings Plan. To calculate Schedule IN-529, Indiana’s CollegeChoice 529 Education Savings Plan Credit, enter the following data in the federal
1099Q
screen, in the
Educate
folder:
  • State postal code =
    IN
  • Amount contributed in the current year
  • State use code
    16
  • Account number (All numeric - 11 digits starting with
    61
    or
    62
    , 10 digits starting with
    200
    ,
    201
    ,
    208
    ,
    209
    , or 16 digits starting with
    200
    or
    201
    .)
The credit calculated by Schedule IN-529 is reported on Schedule 6 or Schedule G.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close