529 contributions in District of Columbia
Varies
Are 529 Contributions Tax Deductible in District of Columbia?
Short answer: Yes on your District of Columbia return: $4,000 single / $8,000 joint (each spouse must own an account) per account owner. Only contributions to the state's own plan count. Only account-owner contributions count; deductions recaptured if funds are withdrawn within 2 years of opening and not used for education.
Carryforward: 5 years. There's no federal deduction for 529 contributions; growth is tax-free when used for qualified education costs.
Records to keep: Keep receipts, statements, and a note of what each cost was for. Compare itemizing to the 2026 standard deduction ($16,100 single / $32,200 joint) before you claim.
529 contributions in District of Columbia
Varies
Individuals / Personal Taxes
Yes on your District of Columbia return: $4,000 single / $8,000 joint (each spouse must own an account) per account owner. Only contributions to the state's own plan count. Only account-owner contributions count; deductions recaptured if funds are withdrawn within 2 years of opening and not used for education.
Business justification
Yes on your District of Columbia return: $4,000 single / $8,000 joint (each spouse must own an account) per account owner. Only contributions to the state's own plan count. Only account-owner contributions count; deductions recaptured if funds are withdrawn within 2 years of opening and not used for education. Carryforward: 5 years. There's no federal deduction for 529 contributions; growth is tax-free when used for qualified education costs.
Category
- Personal Tax Deductions