You may claim a credit for 4.95 percent of the total qualified contributions you made to a Utah resident’s Achieving a Better Life Experience Program account. You must make the contributions during the taxable year and have an itemized statement from the qualified ABLE program. You may not claim a credit for an amount of a contribution that is returned to you or an amount already deducted on your federal income tax return.
Contributions _______ x .0495 = Credit _________
Note: You may not carry forward or back any credit that is more than your tax liability.
For more information, contact:
Department of Workforce Services
140 E 300 S
P.O. Box 45249
Salt Lake City, UT 84145-0249