Iowa 529 Contribution Limits 2024 Tax. Governor reynolds has signed a bill into law that raises the maximum tax deduction for contributing to a “college savings iowa” account to $5200. The iowa 529 contribution is a negative adjustment that would be used to lower the iowa taxable income.
Governor reynolds has signed a bill into law that raises the maximum tax deduction for contributing to a “college savings iowa” account to $5200. Paying for your child’s college can seem hard, but 529 plans make it easier.