Ask Terry Questions bright start deduction carryover

bright start deduction carryover

By Terry Savage on February 26, 2018 | College Savings / Student Loans

Can my 2017 contribution be carried over to 2018 since I have no Illinois tax for 2017

Terry Says

No.  You can only deduct your contributions to the Bright Start Plan on your Illinois taxes in the year in which you made the contribution.

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