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  • Nextgen College Investing Plan Withdrawal Request Form

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NextGen College Investing Plan Client Direct Series Withdrawal Request Form Complete this form if you are requesting a withdrawal from a NextGen College Investing Plan Account ( NextGen Account ).

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Earnings on nonqualified withdrawals are treated as income and subject to federal and state income taxes, including, in most cases, an additional 10% federal penalty. Nonqualified withdrawals may also be subject to state and local taxes.

Earnings on nonqualified withdrawals may be subject to federal income tax and a 10% federal penalty, as well as state and local income taxes. Utah corporations can claim a state income tax deduction for contributions up to certain limits.

If you contributed to the 529 plan, you will be able to claim a subtraction from income....To enter your 529 information within the program, please go to: State Section. New York Return. Edit. Subtractions from Income. Enter the contributions that were made to an account established under New York 529 college savings program.

Account owners can deduct up to $5,000 ($10,000 if married filing jointly) in contributions from New York State income taxes each year. In some states, contributions to any 529 plan are eligible for a state income tax deduction, and residents are not required to choose the in-state plan to get the benefit.

How can I withdraw funds to pay college expenses? You can withdraw funds from our Active Investor Portal by visiting .blackrock.com/529 . Click "Sign In" on the top right and then "Mutual Fund & 529 Accounts" in the pull-down menu.

Withdrawals from your 529 plan account are tax-free as long as they're used to pay qualified higher-education expenses. These expenses include tuition, room and board, fees, books, supplies, and computers and related equipment.

Withdrawals from your 529 plan account are tax-free as long as they're used to pay qualified higher-education expenses. These expenses include tuition, room and board, fees, books, supplies, and computers and related equipment.

What is NextGen 529? NextGen 529 is Maine's Section 529 plan. A 529 plan is an investment plan primarily designed to help families save for higher education. They're called 529 plans because they're described in Section 529 of the U.S. Internal Revenue Code. Any earnings in a NextGen 529 account can grow tax-free.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232