Questions & Answers

Is there a tax break for contributions I make under the Maryland Prepaid College Trust?

If you contribute to the Maryland Prepaid College Trust, you are eligible for a subtraction from income. You may claim a Maryland-only subtraction of up to $2,500 per contract purchased for advanced tuition payments. For more details see Administrative Release 32 .

Let's Get Started

© 2002-2019 FreeTaxUSA, a TaxHawk, Inc. owned and operated website - Terms of Use | Privacy Statement