Can you deduct 529 contributions Louisiana?

Can you deduct 529 contributions Louisiana?

Contributions to the Louisiana 529 plan of up to $2,400 per beneficiary per year by an individual taxpayer, and up to $4,800 per beneficiary per year by a married couple filing jointly, are deductible in computing Louisiana taxable income.

Does Louisiana offer a 529 plan?

Louisiana’s 529 college savings plan is subsidized by the state, resulting in no costs to the participant above the underlying fund expenses. However, only those meeting Louisiana residency requirements may participate in this 529 plan.

Is LA start a 529 plan?

START K12 is a “Qualified Tuition Plan” under Section 529 of the Internal Revenue Code. The program is administered by the Louisiana Office of Student Financial Assistance, under the direction of the Louisiana Tuition Trust Authority, or LATTA.

What is the Louisiana Start savings program?

The START K12 Program is an educational savings plan designed to help families save for tuition expenses related to attendance at an eligible Louisiana Elementary or Secondary school that provides kindergarten through twelfth grade.

Does LSU have a good nursing program?

LSU Health New Orleans School of Nursing is ranked 10th among all nursing schools in the United States and 4th among public schools of nursing nationally. The 2018 rankings were just released by Nursing Schools Almanac.

Does Louisiana have a 529 plan for K12?

Welcome to Louisiana’s 529 START & START K12 Saving Programs – Programs of the Board of Regents! The Student Tuition Assistance & Revenue Trust program, commonly referred to as the START Saving Program, is an innovative saving plan designed to help families contend with the growing cost of educating their children.

What are the hours of the Louisiana Office of student financial assistance?

Our staff at the Louisiana Office of Student Financial Assistance (LOSFA) remains committed to meeting the needs of students during these difficult times. Virtual Office hours are from 9AM – 3PM Monday through Friday. Click Here! Don’t show me this message again.

What is losfa?

The Louisiana Office of Student Financial Assistance (LOSFA) is a Program of the Louisiana Board of Regents, administering the state’s scholarship and grant programs and the state’s Internal Revenue Code Section 529 college savings program.