State Tax Calculator
How much can an in-state 529 plan help you save? Find out now!
It’s important to evaluate all of your college savings options when deciding on a 529 plan. Many states offer 529 savings plans that provide a state income tax deduction, or other state tax benefits, for residents investing in their 529 plan. Do you know if your state does?
Use our State Tax Benefit Calculator to help.
- Determine which states offer tax benefits to residents who purchase their state’s 529 plan.
- If applicable, view an estimate of your state’s tax benefit if you are contributing to your own state’s 529 plan.
- Calculate the value of your state tax benefit now. This will provide you with additional input to help you make the decision that’s right for you.
Find out your state’s 529 plan tax deduction benefit now.
This material does not constitute tax, legal or accounting advice and neither John Hancock nor any of its agents, employees or registered representatives are in the business of offering such advice. It was not intended or written for use and cannot be used by any taxpayer for the purpose of avoiding any IRS penalty. It was written to support the marketing of the transactions or topics it addresses. Comments on taxation are based on John Hancock's understanding of current tax law, which is subject to change. Anyone interested in these transactions or topics should seek advice based on his or her particular circumstances from independent professional advisors.