My state (Massachusetts) will offer a tax deduction next year for up to $2000 in deposits to a 529 college savings account.
I have a credit card which offers 2% cash back. The choices were to have the funds go to an IRA, regular brokerage account, or 529 account. I chose the 529.
Now, when I file in 2018 (for 2017 deposits), will I have an issue taking this deduction? If yes, I can simply switch to have the money run through my account, and deposit to the 529 with my own check. Seems silly to have to do that.