Ia 529 Tax Deduction 2024

Ia 529 Tax Deduction 2024. In addition to the new tax deduction amount, iowa’s 529 account owners now will be able to transfer up to a lifetime limit of $35,000 to a roth ira in the. In 2023, contributions and rollover contributions up to $3,785 per individual, per beneficiary, and up to $7,570 per beneficiary by married.


Ia 529 Tax Deduction 2024

Additionally, if you are an iowa taxpayer, all. Iowa taxpayers can deduct up to $4,028 per beneficiary account from their state income taxes in 2024.

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