Article: 50351

Overview

To claim the Indiana CollegeChoice 529 Education Savings Plan Credit on your Indiana IT-40, you’ll need to add the form:
IN – IN-529 CollegeChoice 529 Education Savings Plan Credit

How to Add This Screen

1. Go to the State taxes section.
2. Select I’d like to see the forms I’ve filled out or search for a form.
3. In the drop list, select Indiana.
4. Select the Credits tab.
5. Select IN – 529 CollegeChoice & 529 Education Savings Plan Credit to add and open the form.
6. Complete the screen.
7. Click Save to apply changes.

What to Enter

For each account you contributed to, provide the following:

• Account number
• Total annual contributions per account
• For K–12 education, enter the amount contributed to offset current or future K–12 expenses

If you are not the account owner, check the box next to:
“Does not own account”

Once all information is entered, click Save.

Further Information

For more information about Indiana’s 529 CollegeChoice credit, see the Indiana IT-40 Full-Year Resident Individual Income Tax Booklet, available here:
https://forms.in.gov/Download.aspx?id=16379