GEORGIA 529 PLAN · TAX YEAR 2026
Georgia 529 tax deduction calculator
Georgia lets you deduct up to $4,000 per beneficiary of contributions to Georgia's 529 plan, or $8,000 on a joint return. A single filer with $75,000 of wages who contributes $5,000 saves $200 of Georgia tax.
State tax saved
- Georgia tax saved
- $199.60
- Deduction
- $4,000.00
- Deduction limit
- $4,000.00
- Georgia tax before
- $2,994.00
- Georgia tax after
- $2,794.40
Georgia tax saved by contribution
With $75,000 of wages and one beneficiary.
| Contribution | Single | Married filing jointly |
|---|---|---|
| $1,000 | $50 | $50 |
| $5,000 | $200 | $250 |
| $10,000 | $200 | $399 |
| $20,000 | $200 | $399 |
Georgia 529 tax questions
Does Georgia have a 529 tax deduction?
Yes. Georgia lets you deduct up to $4,000 per beneficiary of contributions to Georgia's 529 plan, or $8,000 on a joint return.
How much does a $5,000 529 contribution save in Georgia?
$200 of Georgia tax for a single filer with $75,000 of wages, and $250 for a married couple filing jointly with the same income.
Which 529 plans qualify for Georgia's deduction?
Only the Path2College 529 Plan.
Is a nonqualified Path2College withdrawal taxed in Georgia?
Yes. The taxable part of a withdrawal that was not used for qualified expenses is added back to Georgia income.
What the calculator leaves out
The calculator assumes the contribution goes to a plan that qualifies for the state's benefit: the state's own plan unless the state accepts any 529 plan. Wages are the only income, and they stand in for the income a state tests against its limits. Per-beneficiary limits assume the contribution is split evenly. Federal tax does not change, because 529 contributions aren't federally deductible. Carryforwards of earlier contributions, recapture on nonqualified withdrawals and city or school district taxes are left out.