- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Deductions & credits
"You won't get a Saver's credit if you have had distributions."
That's a very misleading statement. Distributions from your own qualified retirement accounts, your spouse's qualified retirement accounts and any qualified retirement accounts inherited from a spouse reduce the amount of new retirement contributions that qualify you or your spouse for the credit, but, depending on the amount involved, that won't necessarily eliminate the credit.
‎April 15, 2024
10:21 AM
3,620 Views