TopHot
529 tax credit worth hassle
529 tax credit worth hassle First kid starts school in August. I’ve saved enough to contribute about $20k outside of a 529. Would it make sense to dump that into a 529 now to gain the $600 in tax credit Ohio offers ($120/yr for 5 years)? Basically, is the paperwork and administrative work easy enough to justify the small tax savings? Ohio maximum credit is $4000/year with ...
Category:
