Prepaid Tuition Plan (529 plan)

Report a prepaid tuition plan and income from the plan in Part 6.





Income Type

Income Amount


Maryland Prepaid College Trust (MPCT), University Plan – 4 years


$15,001 - $50,000


None (or less than $201)

For You, Your Spouse, and Your Dependent Children

Part 6

Report a prepaid tuition plan if the value was more than $1,000 at the end of the reporting period or if more than $200 in income was received during the reporting period.  Income is ordinarily reported when payments are made.

Description:  Provide the sponsoring state and the name of the plan.

EIF:  Select “N/A.”

Value:  Report the value of the plan by selecting the appropriate category.  If you do not know the current value, you may use the cost of the plan at the time that you purchased it.

Income Type:  If applicable, describe the type of income received as “cash payments” or “cash distributions.”

Income Amount:  Provide the exact amount of income received during the reporting period.  If you do not have such income to report, select the category for “None (or less than $201).”