529 contributions in Utah
Varies
Are 529 Contributions Tax Deductible in Utah?
Short answer: Yes on your Utah return: 4.45% credit on up to $2,560 single / $5,120 joint per beneficiary (max $113.92 / $227.84). Only contributions to the state's own plan count. my529 only; nonrefundable, claimed by account owner; beneficiary must be named before age 19; caps indexed annually.
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 Utah
Varies
Individuals / Personal Taxes
Yes on your Utah return: 4.45% credit on up to $2,560 single / $5,120 joint per beneficiary (max $113.92 / $227.84). Only contributions to the state's own plan count. my529 only; nonrefundable, claimed by account owner; beneficiary must be named before age 19; caps indexed annually.
Business justification
Yes on your Utah return: 4.45% credit on up to $2,560 single / $5,120 joint per beneficiary (max $113.92 / $227.84). Only contributions to the state's own plan count. my529 only; nonrefundable, claimed by account owner; beneficiary must be named before age 19; caps indexed annually. There's no federal deduction for 529 contributions; growth is tax-free when used for qualified education costs.
Category
- Personal Tax Deductions