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February 23, 2025
Question

The Virginia529 state tax deduction allows for $2000 per account. I have multiple accounts. How can I enter the full amount I contributed this year?

  • February 23, 2025
  • 1 reply
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I am only allowed to deduct $2000 for my wife and for me; however, I have 3 children and contributed more than $4000 this year to their college savings.

    1 reply

    February 23, 2025

    You can go to the summary for the Commonwealth Savers Account Contributions and indicate Add Another account.  You may contribute all or part of your income tax refund to one or more existing Commonwealth Savers accounts.