529 contributions in Idaho
Varies
Are 529 Contributions Tax Deductible in Idaho?
Short answer: Yes on your Idaho return: $6,000 single / $12,000 joint per return. Only contributions to the state's own plan count. Rollovers out to another state's plan are taxed to the extent deducted in the current and prior year.
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 Idaho
Varies
Individuals / Personal Taxes
Yes on your Idaho return: $6,000 single / $12,000 joint per return. Only contributions to the state's own plan count. Rollovers out to another state's plan are taxed to the extent deducted in the current and prior year.
Business justification
Yes on your Idaho return: $6,000 single / $12,000 joint per return. Only contributions to the state's own plan count. Rollovers out to another state's plan are taxed to the extent deducted in the current and prior year. There's no federal deduction for 529 contributions; growth is tax-free when used for qualified education costs.
Category
- Personal Tax Deductions