Hal_Al
Level 15

Deductions & credits

It depends on where it is on your W-2.  Deductible contributions are reflected by an entry in box 12 with code D.  TurboTax will pick that up automatically and you should not re-enter it.  If you have voluntary, non deductible contributions, shown somewhere else (usually box 14), that should be entered separately (TT will not pick it up automatically). 

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The Retirement Savings Contributions Credit (“Saver’s credit”) is very limited and is for low income people. See the table on  Form 8880: https://www.irs.gov/pub/irs-pdf/f8880.pdf

You, or your spouse, must  not have taken money out of a retirement account (including drawing a pension) in the last three years. See line 2 on form 8880.

It is not a refundable credit. You must have a tax liability to take the credit against.

TurboTax (TT) will check this automatically when it sees you made a qualified contribution. If you want to verify that happened;  enter in TT at:

Federal Taxes Tab 

Deductions & Credits

-Scroll down to:

-Retirement and Investment

   - Retirement Savings Contribution Credit