2025 year-end tax credit and deadline info

Tax credit details

Depending on their tax-filing status, Utah taxpayers can claim a 4.5% tax credit or deduction up to a certain limit per qualified beneficiary for contributions to their my529 account. (The Utah tax credit received is equal to your contribution amount, up to a certain limit, multiplied by 0.045.)

Tax FilerMaximum Allowable Contribution for a Utah State Income Tax CreditMaximum Utah State Income Tax Credit per Beneficiary (4.5%)
Single$2,490$112.05 per beneficiary
Joint$4,980$224.10 per beneficiary
Trusts$2,490$112.05 per beneficiary
Grantor Trust, Married Filing Jointly$4,980$224.10 per beneficiary
Flow Through Entity $2,490$112.05 per beneficiary
Corporation$2,490$2,490 (Deduction) per beneficiary

Access this table as an image.

2025 tax year deadlines

Contributions must be received at my529 by the following transaction deadlines to qualify for the 2025 tax year. Any transactions received by my529 after these year-end deadlines will count toward the 2026 tax year. You can send your forms (some are DocuSign eligible) to info@my529.org.

  • Online processes must be received on the deadline before 11:59 p.m. MT.
  • Manual processes must be received on the deadline before 5 p.m. MT.
TransactionOnline Process Deadline1Manual Process Deadline2
ContributionsWednesday, December 31, 2025Wednesday, December 31, 2025
New AccountsWednesday, December 31, 2025Wednesday, December 31, 2025
WithdrawalsWednesday, December 31, 2025Wednesday, December 31, 2025
Investment Option ChangesWednesday, December 31, 2025Wednesday, December 31, 2025
Incoming RolloversN/AWednesday, December 31, 2025
Transfers (between accounts with the same account owner)Wednesday, December 31, 2025Wednesday, December 31, 2025
Transfers (between accounts with the different account owner)N/AWednesday, December 31, 2025
Outgoing RolloversN/AWednesday, December 10, 2025
1. Must be received by my529 before 11:59 p.m. MT.
2. Must be received by my529 before 5 p.m. MT.

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Important Legal Notice

Investing is an important decision. The investments in your account may vary with market conditions and could lose value. Carefully read the Program Description in its entirety for more information and consider all investment objectives, risks, charges and expenses before investing. For a copy of the Program Description, call 800.418.2551 or visit my529.org.

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Non-Utah Taxpayers and Residents. The state in which you or your beneficiary pay taxes or live may offer a 529 plan that provides state tax or other benefits, such as financial aid, scholarship funds, and protection from creditors, not otherwise available to you by investing in my529. You should consider such benefits, if any, before investing in my529.

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