Where Do I Enter Nys 529 Contributions?
Rollover into a 529 plan not offered by the State of New York in accordance with Section 529 of the Internal Revenue Code. Transfer of assets to another beneficiary in a 529 plan offered by the State of New York (as long as the new beneficiary is a member of the family of the original beneficiary).
What happens if I withdraw money from my NY 529 plan?
If you’re withdrawing funds to pay for registered apprenticeship expenses or to make qualified education loan repayments, please note that for NY State tax purposes, this would require the recapture of any NY State tax benefits that have accrued on contributions. Submit your request.
What can a 529 plan be used for?
What is a 529? 529 plans are a type of investment account that can be used for higher-education savings. Tax savings make these vehicles powerful.
