Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Starting a 529. Live in DC. Which state to use?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous]If you live in DC, the state tax benefits far outweigh the extra income from Utah's plan.[/quote] There's also a thread discussing this issue in some detail. I think the short version is that DC is better if you're investing a smaller sum of money (e.g. under $4,000 per year) but that other states are better if you're investing a larger sum. And neither option was as good as putting it into DC and then transferring it.[/quote] You can deduct up to $8000 per year on DC taxes if you are married. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics