Nady Carolee

Max 529 Contribution 2024 Indiana. Take advantage of indiana tax advantages based on contributions to collegechoice cd!  — maximum 529 plan contribution limits.

Taxpayers must report excess contributions above $18,000 on irs form 709, which will count against the taxpayer’s lifetime estate and gift tax exemption amount ($13.61 million in 2024). For contributions occurring through december 31, 2022, the maximum credit is up to $1,000 per year ($500 for married filing separately).