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Why does TurboTax say I do not qualify for the Retirement Savings Contribution Credit?
Married filing jointly. We should qualify for this credit.
-We are over 18
-We were not students this year
-No one else can claim either of us as a dependent
-Our AGI is less than 65,000
We contributed to a traditional IRA.
I fill out these details under the "Retirement Savings Contribution Credit" section of the Deductions tab, and at the end it says it turns out we don't qualify for this credit. Why not?
I keep getting referred to the same chunk of text about how to qualify.
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‎February 24, 2021
4:08 PM