Pennsylvania 529 tax deduction calculator.

How this is calculated

The PA 529 FAQ says Pennsylvania taxpayers can deduct up to $19,000 in contributions per beneficiary per year ($38,000 if married filing jointly, assuming each spouse had income of at least $19,000) from their Pennsylvania taxable income. The same FAQ says the whole account value is exempt from Pennsylvania inheritance tax, that assets in a PA 529 plan are not counted for state financial aid, and that a non-PA 529 rollover received within 60 days is not taxed at the time of the rollover. The FAQ points to the PA-40 instructions and revenue.pa.gov for return details.

The calculator below the answer takes your total contribution, applies the cap, and multiplies the deductible amount by the tax rate you enter. We do not guess your rate because it depends on your income and, in some places, local tax; look it up on your state return. Result: deductible amount, tax saved and any amount that is over the cap.

Worked example

$10,000 for one child. Under $19,000, so all of it is deductible.

$25,000 for one child, single filer. $19,000 is deductible and $6,000 is over the cap.

$30,000 for one child, married filing jointly. Under $38,000, so all of it is deductible if each spouse had income of at least $19,000.

Limits of this estimate

The plan FAQ does not state a filing deadline for the deduction, and we could not read a Pennsylvania Department of Revenue page, so use the PA-40 instructions for the year you file. Pennsylvania figures here are the plan administrator's statement of the rule. The tax saved is only the state income tax effect of the deduction at the rate you type in. It does not include federal effects (there is no federal deduction for 529 contributions) or the value of tax-free growth. Contributions are checked against the rules as of November 1, 2026.

Who should check first

If you move states, claim contributions someone else made, or use a plan from another state, the deduction may not apply the way this page describes. Several states tie the deduction to its own plan only; where the source does not say, we do not assume. If you are comparing states, the state 529 hub lists the five states we have verified side by side.

Sources

Primary sources opened and checked on November 1, 2026. Figures are for tax year 2026 unless a source says otherwise.

• PA 529 frequently asked questions
• PA 529: why choose PA 529