Wisconsin 529 Deduction 2024. Wisconsin taxpayers are eligible for a state income tax deduction for contributions to the edvest 529 college savings plan. In 2024, for new contributions, up to a $5,000 reduction from taxable income per eligible family member per year (if wisconsin resident)** the reduction is available to anyone.
Effective march 23, 2024, and applicable to tax years beginning after december 31, 2023, wisconsin. Wisconsin taxpayers are eligible for a state income tax deduction for contributions to the edvest 529 college savings plan.
The Legislation, Passed Unanimously By The Wisconsin State Assembly And Wisconsin State Senate, Modified The Wisconsin 529 College Savings Program And Its.
Senate bill 389, which provides a number of changes to the existing wisconsin state tax deduction for 529 plan contributions, has been signed into law.
*Contributions To A College Savings Account For 2023 Must Be Made On Or Before April 15, 2024.
If your state is one, it will come up in the.
Wisconsin 529 Deduction 2024 Images References :
Effective March 23, 2024, And Applicable To Tax Years Beginning After December 31, 2023, Wisconsin.
Some states allow a deduction on the state return.
Edvest Is Wisconsin’s 529 College Savings Plan.
Some states offer tax deductions or credits for contributions to their 529 plans,.