Don't Miss the April 15^th Tax Deduction Deadline

You may be eligible to deduct up to $10,000 ($20,000 for joint filers) from your 2009 Mississippi State income by contributing to the Mississippi Affordable College Savings Program (MACS), Mississippi's 529 college savings program. If a nonqualified withdrawal is taken from the MACS Account, the portion of the withdrawal attributable to contributions that were previously deducted for Mississippi income tax purposes, as well as the earnings portion of the withdrawal, will be included in computing the Account Owner's Mississippi taxable income for the year in which the nonqualified withdrawal is paid. While contributions made in 2010 prior to April 15^th are eligible for deduction on the preceding year's tax return, all contributions are credited based on the calendar year received. However, we will gladly credit your 2010 pre-April 15^th contributions to the previous calendar year upon request.

• Contribution checks postmarked by April 15^th are credited as a current year (2010) contribution unless the account owner specifies otherwise.
• Phone contributions made prior to 4:00 p.m. (ET) on April 15^th are credited as a current year (2010) contribution unless the account owner specifies otherwise.
• Contributions made online or through ACP (Automatic Contribution Plan) by 4:00 p.m. (ET) on April 15^th are automatically credited as a current year (2010) contribution.

Please review your confirmation statements and quarterly statements upon receipt to ensure the contribution year is correct for your records. Account owners who would like to change their contribution year, may do so by contacting a Mississippi Affordable College Savings Program specialist at 1-800-486-3670 or in writing to the Mississippi Affordable College Savings Program, P.O. Box 55037, Boston, MA 02205-5037, by December 31, 2010. Please read the Disclosure Booklet for full details on the state tax deduction guidelines.

C46545