johnsom07
New Member

retirement contribution credit not allowed

summary: single young adult,  meets all four retirement contribution credit requirements: -

- You are not a full-time student (Part time) - Yes

- You were born on or before January 1, 2008. - Yes

- No one else claims you as a dependent on their 2025 tax return (correct)

- Adjusted gross income (AGI) does not exceed $23,750 (correct)
- Credit percentage: 50% of up to $2,000 of contributions
- Made 2025 Roth contributions exceeding 2x fed tax owed

Cannot understand why Turbo tax indicates not eligible for credit to at least cover the tax owed