Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

Georgia State education credit is $8,000 the program tells me $5,000

susan17
Level 1

Georgia taxpayers can take an $8,000 for the Path2College credit, for married filling a joint return.  The program only allows $5,000.  

0 Cheers
4 Comments 4
Just-Lisa-Now-
Level 15
Level 15

Its probably "UP TO" 8000, are there some other limitations/requirements?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
0 Cheers
susan17
Level 1

Thank you for you response.  I do not find where there is a limitation. The up to means no more than $8,000.   If I go to Pro Series instructions for help  with this form it says a $5,000 limitation.  My thoughts are the program has not been updated to the 2024 amounts..  

0 Cheers
Just-Lisa-Now-
Level 15
Level 15

@IntuitGabi  Im not familiar with GA at all, can you confirm whether this is a program issue or not?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
0 Cheers
Just-Lisa-Now-
Level 15
Level 15

Im not familiar with GA at all, and my state doesnt give any deductions for 529 plans,so I dont see it very often.

Is it limited per spouse that contributed?  I saw this on a TaxSlayer page

https://support.taxslayerpro.com/hc/en-us/articles/4405465099034-Desktop-Where-Do-I-Enter-Contributi...


Note: If the contribution amount was more than the deductible limit, do not enter more than $4,000 ($8,000 if both taxpayer and spouse contributed) per beneficiary.


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
0 Cheers