You can subtract contributions that you made during 2020 to one or more qualifying Achieving a Better Life Experience (ABLE)
accounts, not to exceed $3,000. If you are married, both you and your spouse can exclude up to $3,000 for contributions that you made to one or more qualifying ABLE accounts.
Generally, qualified ABLE accounts are established for the purpose of supporting another person's qualified disability expenses and meet the requirements of 26 U.S.C. Section 529A. This subtraction is only allowed for contributions that you make to qualifying ABLE accounts that are owned by you, your spouse, a child, a grandchild, or a sibling related to you by blood, marriage, or legal adoption.