529 state tax deduction calculator

Estimate the state tax deduction or credit you could receive for your 529 contribution this year.

State tax benefits may not apply to K-12 tuition. K-12 tuition can be treated as a qualified education expense under the federal tax benefit. Because each state makes its own rules, it's less clear whether account owners can receive a state tax break for K-12 tuition. To find out if you qualify for a state benefit, check the state where you pay state income tax—even if another state sponsors your 529 plan. You should consult your tax advisor for guidance.

Planned contribution this year
$
State of residence
* denotes state with a 529 deduction or credit
Filing status
Married/Joint      Single
Taxable income
$
© 2021 SS&C. All rights reserved.
SS&C logo

Your tax filing status will be used to determine the amount of your state tax deduction if your state allows different tax deduction amounts for married/joint filers versus single filers. Your filing status will be used to compute your marginal tax rate, which determines the net value of your state tax deduction.

If your status is “married filing separately” or “head of household,” select Single.

Taxable income includes your total annual income (salaries, wages, pension payments, dividends, and interest) less your deductions (standard or itemized) and personal exemptions. This calculator assumes that state and federal tax treatments are similar for most sources of income and types of deductions and that federal taxable income is equivalent to state taxable income.