IN Preparer - 529 plan

[MAMalody]

I have a client from IN and understand that in IN there is a deduction/adjustment if you are making contributions to a 529 plan. I can't seem to find any info on this. Can you tell me how to do this, confirm it or direct me to a source. I am having trouble on the IN website. Hopefully, it will clear up and I can find this out.

[Jerry W]

Mike,

Not sure if this is what you need but here is a link:

http://www.in.gov/dor/reference/files/ib98.pdf

JerryW

[Dale in IN]

I have a client from IN and understand that in IN there is a deduction/adjustment if you are making contributions to a 529 plan. I can't seem to find any info on this. Can you tell me how to do this, confirm it or direct me to a source. I am having trouble on the IN website. Hopefully, it will clear up and I can find this out.

Mike :

If you have the Indiana program it comes in on Sch 6, Line 6a go to your bunny on the far right , click and there is a work sheet that comes up with a lot of the credit plans on it. The Indiana 529 Plan is #837 Check the box on the left and enter the $ amount on the right. Then start going back and it will calculate automatically. I justy had one of those on Friday Evening.

Dale in IN

[MAMalody]

Thank you. That was about the only schedule I did not check. I probably would not have recognized it anyway. Thanks again.

Mike