college saving

Local News
4:59 pm
Mon November 18, 2013

No More Tax Deduction For Contributions To NC 529 Plans

North Carolina families who have 529 college savings plans won’t be able to take a tax deduction for contributions beginning next year.  That’s part of a series of changes state lawmakers made to the tax code this year. 

Like many states, North Carolina has offered a state tax deduction for the first $2,500 of contributions to the plan each year.   

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