Iowa taxpayers still have a few weeks left to make contributions to their College Savings Iowa account and have them count toward their 2018 state taxes. The deadline for 2018 contributions is April 30, 2019. For 2018, Iowa taxpayers can claim an Iowa state tax deduction of up to $3,319 per beneficiary account.*
When making contributions for the 2018 tax year in the 2019 calendar year, make sure to mark the tax year you want the contribution to count toward on your contribution coupon or electronic transfer.
*If withdrawals are not qualified, the deductions must be added back to Iowa taxable income. Adjusted annually for inflation. The availability of tax or other benefits may be contingent on meeting certain requirements.