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  • C445 - Rollover And Transfer Form - College Foundation Of North ... - Cfnc

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NC 529 Plan North Carolina s National College Savings Program Rollover and Transfer Form Make checks payable to: NC 529 Plan Use this form to Rollover assets between existing NC 529 Plan Accounts.

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529 state deductions State529 DeductionCaliforniaNoneColoradoFull amount of contributionConnecticut$5,000 single / $10,000 joint beneficiary, 5 year carry-forward on excess contributionsDelawareNone47 more rows

At a Glance: 529 contributions are tax deductible on the state level in some states. They are not tax deductible on the federal level. But if you're saving for college, you'll want to know that 529 savings plans offer other tax benefits, such as tax-free earnings growth and tax-free withdrawals for qualified expenses.

Tax Benefits: Good news for North Carolina residents – by investing in a NC 529 plan, you can deduct up to $2,500 on your state income taxes for single filer and $5,000 for married filers. You also get federal income tax benefits as you do not pay income tax on your earnings.

Contact Us GENERALNC 529 Plan P.O. Box 41930 Raleigh, NC 27629-1930Phone: 800-600-3453 (toll free) Local Phone: 919-828-4904 Fax: 919-835-2304 Email usMaintenance Forms, subsequent Contributions and correspondence mailing addressNC 529 Plan P.O. Box 40877 Raleigh, NC 27629-087727 more rows

Simply request a Withdrawal from the Account in an amount equal to the scholarship or tuition waiver. The earnings portion of such Withdrawals will be subject to federal and state income taxes.

What is the NC 529 Plan? The NC 529 Plan is a tax-advantaged saving and investment program that allows users to prepare for education expenses including college expenses and K-12 tuition. NC 529 Accounts can be used to save for your child, your grandchild, yourself, or any other future student.

Yes, 529 plans accept third-party contributions, so a grandparent may contribute to a grandchild's 529 plan account, regardless of who owns the account.

Tax Benefits: Good news for North Carolina residents – by investing in a NC 529 plan, you can deduct up to $2,500 on your state income taxes for single filer and $5,000 for married filers. You also get federal income tax benefits as you do not pay income tax on your earnings.

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© Copyright 1997-2025
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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
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
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:
1-877-389-0141
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