529 Max Contribution 2024 Colorado 2024. On average, the 2024/2025 enrollment portfolio has lost 3.9% since its inception in july 2021. When you contribute money to a 529 plan, it’s considered a gift by the irs.
If the contribution is below a certain limit each year, you won’t have to notify the irs of it. The colorado department of revenue has provided guidance on personal income tax subtractions and an employer credit related to qualifying contributions made.
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