If you made a contribution to the 529 plan, you will be able to claim a subtraction from income. If you withdrew money from your 529 plan, you may have to add the withdrawal back to your income if it was not used for educational purposes.
What is the Kansas 529 plan?
A 529 education savings plan is a tax-advantaged investment vehicle designed to support qualified education expenses.
What are the qualifications?
K-12 schools (tuition only)
2- or 4-year public or private colleges and universities
What are the limits?
For single filers $3,000/yr per beneficiary
For joint filers $6,000/yr per beneficiary
What about carryovers?
Rollover can be done from one state’s 529 Plan to another state's 529 plan
What if I don’t use it for education expenses?
The earnings portion of non-qualified 529 withdrawals is subject to federal and state income taxes and a 10% federal penalty.
Where to Enter?
- State Section
- Kansas State Return
- Subtractions from income
- Enter Contributions to Learning Quest Education Savings Program
For more information