Ohio 529 Max Contribution 2024 Over 50. Contributions over $4,000 per beneficiary, per year, can be carried forward to deduct from future tax years, until all of their contributions. In addition, ohio residents are eligible to deduct up to $4,000 of their 529 plan contributions per beneficiary, per year, from their state of ohio taxable income.
8 to be eligible, though, you must have owned that 529 for at least 15 years before you perform the rollover, and any contributions made over the last 5 years (including any earnings on those contributions) are ineligible to be. Taxpayers can deduct contributions they made to a 529 savings plan.
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