College Choice 529 Tax Credit

A new tax credit is available for those saving for tuition expenses in connection with enrollment or attendance at an elementary or secondary public, private or religious school located in Indiana (Indiana K-12 Tuition). These tax credits are available for 2018 and 2019. For 2018, parents can receive a 10% tax credit up to a total of $500. For 2019, parents can receive a 20% tax credit up to a total of $1000. Check out the “Federal tax reform update” page for more information.