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One Big Beautiful Bill' makes 529 plans more flexible, some skeptics say the education savings plans still may not be ...
The tax also would have fallen on account holders with multiple prepaid plans if they chose to roll over some or all of those accounts. The prepaid trust, unlike the state’s traditional 529 plan ...
The top-ranked Maryland College Investment Plan offers in-state residents the best benefits, because account holders can get a state tax deduction worth up to $5,000 per beneficiary for joint ...
The Chamber of Commerce has called the tax a “disastrous” policy that threatens the state’s economy and its future as a tech ...
The Maryland congressman wants the agency to relax a 10 percent penalty levied on 529 college savings account owners who rollover the funds in their accounts more than once a year.
Form 1099-Q is a tax form sent to individuals who receive distributions from a Coverdell education savings account or 529 plan.
M.S. Barrett, the mother of a current Howard University student, created an account in December 2006 for her daughter with the Maryland 529 program (named after the section of the federal tax code ...
The U.S. Treasury and IRS said Thursday that they would not tax parents with multiple accounts in the Maryland 529 Prepaid College Trust to execute an accounts transfer.
Maryland 529 Board Chairman Peter Tsirigotis resigned Friday. Maryland 529 said in a statement posted on its website: “The Maryland 529 Board and staff would like to thank Peter for his ...
WASHINGTON (7News) — Approximately 6,000 Marylanders received incorrect 1099-G tax forms due to an internal printer malfunction, according to the Comptroller of Maryland.
WJZ Investigates saw several of the 1099-G tax forms the Maryland comptroller's office mistakenly sent. The address on the envelope was correct, but inside was another person's information.
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