529 contributions in Texas
Varies
Are 529 Contributions Tax Deductible in Texas?
Short answer: No: Texas has no state income tax, so there's nothing to deduct 529 contributions from. No personal income tax, so no state deduction for Texas College Savings Plan, LoneStar 529, or Texas Tuition Promise Fund.
There's no federal deduction for 529 contributions; growth is tax-free when used for qualified education costs. You can still use any state's plan.
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 Texas
Varies
Individuals / Personal Taxes
No: Texas has no state income tax, so there's nothing to deduct 529 contributions from. No personal income tax, so no state deduction for Texas College Savings Plan, LoneStar 529, or Texas Tuition Promise Fund.
Business justification
No: Texas has no state income tax, so there's nothing to deduct 529 contributions from. No personal income tax, so no state deduction for Texas College Savings Plan, LoneStar 529, or Texas Tuition Promise Fund. There's no federal deduction for 529 contributions; growth is tax-free when used for qualified education costs. You can still use any state's plan.
Category
- Personal Tax Deductions