Iowa 529 2024 Contribution Tax
Iowa 529 2024 Contribution Tax. — recent state legislation has increased the tax deduction amount up to $5,500 for contributions to iowa’s two 529 plans, college savings iowa and the iadvisor 529. Contributions to college savings iowa or the iadvisor 529 plan that were previously deducted for iowa income tax purposes must be included as iowa income when.
— governor reynolds has signed a bill into law that raises the maximum tax deduction for contributing to a “college savings iowa” account to $5200. Consult a financial advisor to make the most out of this benefit.
