529 contributions in Kentucky
Varies
Are 529 Contributions Tax Deductible in Kentucky?
Short answer: No: Kentucky doesn't offer a deduction or credit for 529 contributions. No deduction or credit for KY Saves 529; 2026 bills (HB 27, HB 131) to create one stalled in committee.
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 Kentucky
Varies
Individuals / Personal Taxes
No: Kentucky doesn't offer a deduction or credit for 529 contributions. No deduction or credit for KY Saves 529; 2026 bills (HB 27, HB 131) to create one stalled in committee.
Business justification
No: Kentucky doesn't offer a deduction or credit for 529 contributions. No deduction or credit for KY Saves 529; 2026 bills (HB 27, HB 131) to create one stalled in committee. There's no federal deduction for 529 contributions; growth is tax-free when used for qualified education costs.
Category
- Personal Tax Deductions