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Level 1
November 19, 2020
Question

Is there a deduction or credit for Sec 529 contributions in California?

  • November 19, 2020
  • 1 reply
  • 10 views
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1 reply

jtgcpa
Level 4
November 19, 2020

Unfortunately, no.  CA tried to get a deduction passed in 2019, but it was vetoed.

Given the state of financial affairs in CA, it is unlikely any such deduction or credit will be available anytime soon.