Iowa 529 Deduction For 2024 Income. Iowa 529 plans can help even more iowa families save and prepare for college thanks to some historic updates to the savings plans by the iowa legislature. One of the primary benefits of the college savings iowa 529 plan is the state tax deduction, letting iowa taxpayers deduct up to $5,500 per beneficiary account from their state.
Flat tax takes a step closer. Oklahoma allows individuals to deduct up to $10,000 per year and joint filers to deduct up to.