529 deduction: YesTax parity: No — Path2College only
In-state plan only
Most states that offer a 529 tax break tie it to their own plan, and Georgia is one of them: the deduction applies only to contributions to Georgia's Path2College 529 Plan, not to other states' 529 plans. If you're a Georgia taxpayer eyeing an out-of-state plan for its investment lineup or fees, weigh that choice against the state tax break you'd be giving up.
The deduction
Georgia allows a deduction of up to $4,000 per beneficiary per year for individual filers, or up to $8,000 per beneficiary for married couples filing jointly — and because the limit is per beneficiary, a family saving for three children can deduct up to three times that amount. Amounts rolled over from another 529 plan don't count as deductible contributions. Confirm the current rules with the Path2College plan before filing.
How it fits with the gift-tax rules
A 529 contribution is also a gift for federal purposes, so it counts toward the $19,000 annual exclusion (2026). The 5-year election ("superfunding") lets you front-load up to $95,000 per donor per child without using any lifetime exemption.
See how much you can front-load with the 529 Superfunding Calculator, and keep family contributions within the exclusion with the Gift Tax Calculator.
529 deductions & credits in other states
Tax-parity states let you deduct contributions to any state's 529 plan; the rest limit the benefit to their own plan.
Tax parity: Arizona · Arkansas · Kansas · Maine · Minnesota · Missouri · Montana · Ohio · Pennsylvania
Own-plan deduction or credit: New York · New Jersey · Connecticut · Massachusetts · Rhode Island · Vermont · Illinois · Indiana · Michigan · Wisconsin · Iowa · North Dakota · Virginia · Maryland · District of Columbia · West Virginia · South Carolina · Colorado · New Mexico · Utah · Idaho · Oregon · Oklahoma · Alabama · Mississippi · Louisiana · Nebraska
General information, not tax advice. 529 deduction rules and limits change yearly and this page may not reflect the latest figure — confirm with the Path2College plan and your CPA. Georgia's deduction applies to the Path2College 529 Plan as of recent guidance.
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