us-ia/guidance/revenue/individual-income-tax/ia-1040-schedule-1/block-52 — ii. Iowa ABLE (Achieving a Better Life Experience) Savings Plan Trust · Axiom

Axiom
Iowa
Guidance
Revenue
Individual Income Tax
Ia 1040 Schedule 1
Block 52

ii. Iowa ABLE (Achieving a Better Life Experience) Savings Plan Trust

Official source

Contributions to a qualified ABLE savings plan trust account made during 2025, on behalf of a designated beneficiary, are deductible from Iowa individual income tax up to a maximum amount, $5,800, allowed per beneficiary per year for purposes of the Iowa ABLE savings plan trust in Iowa Code chapter 12I. Interest and earnings income from an ABLE savings plan trust account are exempt from Iowa individual income tax.

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