Wisconsin 529 Deduction 2024

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Wisconsin 529 Deduction 2024. There is no federal deduction for making a contribution to a 529 plan. The wisconsin state income tax deduction for 2024 has been raised to $5,000 annually per beneficiary for single filers or for married individuals filing jointly, and to.


Wisconsin 529 Deduction 2024

Senate bill 389, which provides a number of changes to the existing wisconsin state tax deduction for 529 plan contributions, has been signed into law. The wisconsin state income tax deduction for contributions made to a wisconsin 529 plan is available to any wisconsin taxpayer, not just the 529 plan account owner, making gift.

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