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Reply to "VA taxes / 529 accounts - moving between funds tax question "
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[quote=Anonymous]Your question is not clear, but: 1- There is no practical limit on the amount of 529 contributions you can deduct in VA, since each parent/child/investment option is a separate "account" and you can deduct $4K per account. 2- Are you asking if you contribute $X to investment option 1 and then later move it to investment option 2 can you deduct 2*X that year? The answer is surely "no" but I don't have time to hunt down the applicable rule.[/quote]
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