Im in Virginia and have been through the entire form online and do not see the section where I can deduct my 529 contribution up to the $4000 limit? I just need to know where this is located in freetax usa?
There's no Federal deduction for contributions to a 529 plan. Are you asking about the deduction on the Virginia tax return? It's under Commonwealth Savers.
I am not finding the "Commonwealth Savers" deduction section on the Virginia Tax Return. Is it hidden somewhere?
Ok, I think I found it:
Code: 104 If you were under age 70 as of the last day of 2025, enter the lesser of $4,000 or the amount contributed during 2025 to each Virginia Commonwealth Savers account (Prepaid529, Invest529, College America, or CollegeWealth). If you contributed more than $4,000 per account during the year, you may carry forward any undeducted amounts until the contribution has been fully deducted. If you are age 70 or older, you may deduct the entire amount contributed during the year. Only the owner of record for an account may claim the deduction
Code: 104
If you were under age 70 as of the last day of 2025, enter the lesser of $4,000 or the amount contributed during 2025 to each Virginia Commonwealth Savers account (Prepaid529, Invest529, College America, or CollegeWealth). If you contributed more than $4,000 per account during the year, you may carry forward any undeducted amounts until the contribution has been fully deducted. If you are age 70 or older, you may deduct the entire amount contributed during the year. Only the owner of record for an account may claim the deduction
