From the Attending Financial question bank
The Paycheck Series · board-style
A married Pennsylvania physician couple, each with W-2 income above $200,000, files jointly and wants the maximum 2026 Pennsylvania income-tax deduction for 529 contributions for their two children. Pennsylvania's deduction limit equals the federal annual gift-tax exclusion per beneficiary, per taxpayer. What is their maximum total 2026 state deduction?
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