ErnieS0
Expert Alumni

Get your taxes done using TurboTax

457(b) contributions are eligible for the Retirement Savings Contributions Credit.

 

TurboTax Online is putting the information in backwards on the screen Is your [company] a state or local government. 

 

If you answer YES, TurboTax puts in a NO, disallowing you for the credit.

 

Answering No will give you the credit.

 

This question is not in CD\Download.

 

The IRS says you can receive credit for elective salary deferral contributions to a 401(k), 403(b), governmental 457(b), SARSEP, or SIMPLE plan.

 

Retirement Savings Contributions Credit (Saver’s Credit)

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