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Retirement tax questions
Check with your collogues.... the software forces the user to take the Retirment Saving Contribution credit if they have any $$ contributed to some retirement account, like a 401k noted on a W-2....sometimes for a pitiful few $$....then they are forced to upgrade to Deluxe...and have to pay more for Fed + State than the RSCC gives them.
We in the Forum, have been telling users to indicate they are a full time student (during the RSCC interview) for many years no...to eliminate that forced upgrade whenever the Credit is lower than the cost of the Software upgrade...like ~$80+in this case.
____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
‎January 24, 2023
5:24 PM