Web19 sep. 2024 · Explore your state's 529 plan(s) and possible tax deductions on the map below. ... Illinois. Bright Start 529 Plan. Yes. $0. Indiana. CollegeChoice 529. Yes. $10. Web1 An individual who files an individual Illinois state income tax return will be able to deduct up to $10,000 per tax year (up to $20,000 for married taxpayers filing a joint Illinois state …
Michael W. Frerichs - Illinois State Treasurer: College Savings
Web1. What is the Illinois Bright Start College Savings Program? The Bright Start College Savings Program is the 529 plan administered by the Illinois State Treasurer’s office.ii It … Web1 An individual who files an individual Illinois state income tax return will be able to deduct up to $10,000 per tax year (up to $20,000 for married taxpayers filing a joint Illinois state … magnus archives seasons
Tax Center Bright Directions 529 College Savings Plans for Your ...
WebIllinois Income Tax Deduction Each year, Illinois taxpayers can deduct contributions made to Bright Start up to: 1 $10,000 per individual taxpayer $20,000 for a married couple filing jointly Visit our Tax Center for additional information. Learn More December 31 … If you live in Illinois, you also get some added state tax benefits. For Illinois … Portfolio Performance - Bright Start 529 Tax Benefits - Bright Start Monthly - Bright Start 529 Tax Benefits - Bright Start Risk Tolerance Questionnaire - Bright Start 529 Tax Benefits - Bright Start As the account owner of the Bright Start 529 account you control the account … There is never a wrong time to help — invite friends and family to contribute to your … If your child receives birthday or holiday cash consider sending a check to … The State of Illinois offers an income tax deduction of up to $10,000 ($20,000 if … WebThis state offers a resident tax benefit for participation in its own 529 plan (s). For self-guided investors For self-guided investors Offered through Financial Professionals Offered through Financial Professionals For self-guided … Web18 jul. 2024 · One deduction you will not find on your federal tax return is a contribution to a 529 Plan. However, many states (but not all) allow this deduction, up to limits, on the … magnus ard mediathek