529 contributions in Pennsylvania
Varies
Are 529 Contributions Tax Deductible in Pennsylvania?
Short answer: Yes on your Pennsylvania return: $19,000 per beneficiary per taxpayer ($38,000 joint if each spouse has income). Contributions to any state's 529 plan count. Tax parity state; cap tracks the federal gift-tax exclusion and can't exceed the contributor's taxable income; rollovers not deductible.
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 Pennsylvania
Varies
Individuals / Personal Taxes
Yes on your Pennsylvania return: $19,000 per beneficiary per taxpayer ($38,000 joint if each spouse has income). Contributions to any state's 529 plan count. Tax parity state; cap tracks the federal gift-tax exclusion and can't exceed the contributor's taxable income; rollovers not deductible.
Business justification
Yes on your Pennsylvania return: $19,000 per beneficiary per taxpayer ($38,000 joint if each spouse has income). Contributions to any state's 529 plan count. Tax parity state; cap tracks the federal gift-tax exclusion and can't exceed the contributor's taxable income; rollovers not deductible. There's no federal deduction for 529 contributions; growth is tax-free when used for qualified education costs.
Category
- Personal Tax Deductions