![]() ![]() Maryland allows a subtraction up to $2,500 for each contract purchased under the Maryland Prepaid amounts contributed to investment accounts for the same beneficiary under the Maryland College Investment Plan and the Maryland Broker-Dealer College Investment Plan. Prior year refunds contributed are proforma'd to the LAAdj screen for reference.Įnter State use code 18 and the 8 digit Account number. If the refund contribution is not entered on the federal 1099Q screen, mark the Include refund contributed on the Income Exclusion Worksheet field on the LAAdj screen. Prior year return deposits, State use code of 24, and Account number will proforma to this screen. Do not include letters or other non-numeric characters in the account number.Īmounts contributed in the current year are limited per beneficiary, per taxpayer and spouse on the Iowa 529 Contribution Limitation Worksheet.Įnter State use code 24 and the 11 digit Account number. Prior year return deposits, state use code 14 and the account number proforma to this screen.Įnter State use code 16 and the Account number.Īccount numbers must be 11 digit's beginning with 61, 62 or the 10 digit account number that starts with 200, 201, or 208 to claim the credit. Prior year return deposits, state use code 6 and the account number proforma to this screen.Įnter State use code 14 and the 9 digit Account number. Enter the account type and amount of refund to apply on the CTBank screen in the General folder.Įnter State use code 6 and the 10 digit Account number. The account number and beneficiaries name will transfer to the CTBank screen. To apply a refund to a 529 plan account, enter the State of CO, State use code of 24, and Account number for Direct Portolio and Smart Choice accounts.Įnter State use code 13 and the Account number. This can be done by entering the amounts on the ARGen screen in the General folder.Įnter State use code 24 and the Account number. Taxpayers are allowed to apply all or a portion of their refund to an Arkansas Tax Deferred Tuition Savings Program account. Nonresidents are not allowed a subtraction.Įnter State use code 5 and the Account Number. Part-year residents also need to enter the amount of contributions made during the period of residency on the AZAdj screen. PACT or College Education Savings ProgramĮnter State use code 24. ![]()
0 Comments
Leave a Reply. |