PENNSYLVANIA 529 PLAN · TAX YEAR 2026
Pennsylvania 529 tax deduction calculator
Pennsylvania lets you deduct up to $19,000 per beneficiary of contributions to any state's 529 plan, or $38,000 on a joint return. A single filer with $75,000 of wages who contributes $5,000 saves $154 of Pennsylvania tax.
State tax saved
- Pennsylvania tax saved
- $153.50
- Deduction
- $5,000.00
- Deduction limit
- $19,000.00
- Pennsylvania tax before
- $2,302.50
- Pennsylvania tax after
- $2,149.00
Pennsylvania tax saved by contribution
With $75,000 of wages and one beneficiary.
| Contribution | Single | Married filing jointly |
|---|---|---|
| $1,000 | $31 | $31 |
| $5,000 | $154 | $154 |
| $10,000 | $307 | $307 |
| $20,000 | $583 | $614 |
Pennsylvania 529 tax questions
Does Pennsylvania have a 529 tax deduction?
Yes. Pennsylvania lets you deduct up to $19,000 per beneficiary of contributions to any state's 529 plan, or $38,000 on a joint return.
How much does a $5,000 529 contribution save in Pennsylvania?
$154 of Pennsylvania tax for a single filer with $75,000 of wages, and $154 for a married couple filing jointly with the same income.
Which 529 plans qualify for Pennsylvania's deduction?
Any state's 529 plan. Pennsylvania allows the deduction for contributions to any 529 plan, not only its own.
When must Pennsylvania 529 contributions be made?
By December 31. Contributions made from January 1 to April 15 go on the next year's return.
What the calculator leaves out
- Deduction limit per beneficiary: the 2025 figure, $19,000. Pennsylvania's 2026 Schedule O was not yet published.
- The joint limit assumes each spouse contributes, since Pennsylvania's limit is per spouse.
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.