Indiana 529 Contribution Limits 2024 Income. 6 indiana taxpayers are eligible for a state income tax credit of 20% of contributions to an indiana529 direct savings plan account, up to $1,500 credit per year ($750 for married. Indiana taxpayers can get a state income tax credit equal to 20% of their contributions to a indiana529 account, up to $1,500 per year ($750 for married filing separately).
They range from $235,000 to $575,000. 529 contribution limits are set by each state plan and generally apply a total account limit per beneficiary.