Article: 50352

Overview

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. Select I’d like to see the forms I’ve filled out or search for a form.
3. In the drop list, select Iowa.
4. Select the General tab.
5. Select IA – 1040 Schedule 1 – Line 19 Other Adjustments to add and open the form.
6. Complete the screen.
   • For 529 plan contributions, use line G. Be sure to enter the beneficiary name and check the correct taxpayer box.
   • For ABLE account contributions, use line II and enter the beneficiary name.
7. Click Save to apply changes.

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