Retirement tax questions

To delete your Retirement Savings Contribution Credit in TurboTax Online, you’ll need to perform some trickery.

To qualify for the credit, you have to meet all four of these requirements:

  1. You are not a full-time student
  2. Age 18 or older
  3. No one else claims you as a dependent on their 2021 tax return
  4. Your adjusted gross income (AGI) does not exceed:
    • $66,000 if married filing jointly
    • $49,500 if head of household
    • $33,000 if single, married filing separately, or a qualified widow(er)

So, to suppress the credit:

  1. Select My Info in the left pane and begin the interview
  2. On the Personal info summary page, select Edit to the right of your (or your spouse’s) name
  3. On the Were you a full-time student in 2021? screen, select the Yes checkbox

If you encounter any education-related questions laterr in the interview that don’t apply to you, simply skip past the questions.

Don’t worry – the IRS doesn’t see the question about whether you were a full-time student.

@aarias24