Ohio 529 Tax Deduction Calculator
2026 rulesEnter your contribution to see how much Ohio lets you deduct and what it saves you this year.
Your numbers
Result
Ohio tax saved
- Total contributed$5,000
- Deductible this year$4,000
- Carried forward to later years$1,000
- Ohio tax saved this year$110
- Saved per $1,000 deducted$27.50
Any Ohio taxpayer who contributes can claim it.
Ohio at a glance
- Benefit
- Ohio lets you deduct up to $4,000 per beneficiary of contributions to Ohio's 529 (CollegeAdvantage) each year.
- Carryforward
- Unlimited carryforward of amounts over $4,000.
- Plans that count
- Ohio's 529 (CollegeAdvantage).
- Good to know
- Any Ohio taxpayer who contributes can claim it.
Questions
Is there a Ohio tax deduction for 529 contributions in 2026?
Ohio lets you deduct up to $4,000 per beneficiary of contributions to Ohio's 529 (CollegeAdvantage) each year.
What can 529 money pay for without tax?
College tuition, fees, books, and room and board for students enrolled at least half time; up to $20,000 a year of K-12 tuition and expenses from 2026; apprenticeship costs; and up to $10,000 of student loan payments over a lifetime. States can treat some of these differently.
What happens to the Ohio deduction if I withdraw for something else?
A nonqualified withdrawal is taxed on its earnings, plus a 10% federal penalty, and Ohio can add back the deductions you took on the money you withdraw.