Student Prosperity Savings Program (Code AB)
You may claim a credit for 5 percent of a qualified donation to the Student Prosperity Savings Program. You will receive a donation receipt from the plan. Keep this receipt with your records. You may claim this credit in addition to the Utah my529 Credit if you also make a qualified contribution to a my529 account. You must donate to the Student Prosperity Savings Program in order to claim this credit.
You may not claim a credit for an amount already deducted on your federal income tax return.
Donation _______ x .05 = Credit _________
Note: You may not carry forward or back any credit that is more than your tax liability.
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