Personal Finance & Money Asked on March 12, 2021
I’m a Maryland resident who contributed $2500 to each of my two daughters’ Maryland College Savings Plans.
That should entitle me to a $5000 Maryland state tax deduction.
Now I’m trying to do my taxes using Turbo Tax Online (self-employed product)
I tried following the instructions here but those instructions seem incorrect.
How should I enter the information about these two contributions and get my $5000 deduction??
I have not done this for the Maryland form, but I used to do it for Virginia.
Go through state portion until you see the screen that says Here’s the income that Maryland handles differently (It doesn't say "Here's the income that Maryland handles differently" anywhere!)
I know for the Virginia you have to go through multiple screens before you get to this section. Turbo Tax asks if you moved, they ask you about the county you live in, and they ask about investing in specific businesses.
Eventually you get to that "Here’s the income that Maryland handles differently" screen.
I assume that while each list is state specific, Turbo tax makes the path to that screen similar for each state.
Answered by mhoran_psprep on March 12, 2021
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