Coverdell education account contributions in future?

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  • nwtaxlady
    Senior Member
    • Sep 2009
    • 418

    #1

    Coverdell education account contributions in future?

    I thought I read somewhere and can't remember where and now I question if it is even true.
    Is contributions to the Coverdell education account still allowed in 2018 and beyond? I thought I had read that no more allowed after 12/31/17.

    Can someone clarify this for me please. Thanks.
  • kathyc2
    Senior Member
    • Feb 2015
    • 1947

    #2
    Originally posted by nwtaxlady
    I thought I read somewhere and can't remember where and now I question if it is even true.
    Is contributions to the Coverdell education account still allowed in 2018 and beyond? I thought I had read that no more allowed after 12/31/17.

    Can someone clarify this for me please. Thanks.

    It depends on what happens with the GOP tax bill. Details on what is in the revised bill are supposed to be released late this afternoon.

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