IA 529 and ABLE Contribution Credits

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Where to enter contributions to an Iowa 529 plan or ABLE account

You can report contributions to a College Savings Iowa or Iowa Advisor 529 Plan, as well as Iowa ABLE Savings Plan Trust contributions, on the IA – 1040 Schedule 1 – Line 19 Other Adjustments screen.

How to add this form

To enter your contribution information:

  1. Go to the State Taxes section.
  2. Choose Iowa from the dropdown.
  3. Click the General tab.
  4. Select IA – 1040 Schedule 1 – Line 19 Other Adjustments to open the screen.
  5. For 529 plan contributions, use line G. Be sure to enter the beneficiary name and check the correct taxpayer box.
  6. For ABLE account contributions, use line II and enter the beneficiary name.
  7. Click Save when done.

Further Information

For full details on Iowa income tax and contribution limits, visit the Iowa Department of Revenue:
https://revenue.iowa.gov/taxes/tax-guidance/individual-income-tax

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