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Tax exemption on 529 accounts
Tax exemption on 529 accounts My state allows income tax relief on contributions to the state 529, up to $4,000 per tax year. As I understand it, this relief is per beneficiary. I also understand that I can name as a beneficiary any family member with a SSN, including myself. What would stop me from opening several 529s with different beneficiaries, claim the tax relief for ...
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