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Retirement tax questions
Did you report Business Income and Expenses on Schedule C? You may have Self-Employment Tax that is not reduced by the Saver's Credit.
Click on Tax Tools > Tools in the left-side menu, then choose 'View Tax Summary' from the pop-up menu.
Back at the left-side menu, choose 'Preview my 1040'.
Scroll through your return to see how the Saver's Credit was applied. The credit amount shows on Schedule 3, Line 4 and carries over to Form 1040, Line 31.
In TurboTax Desktop, go to FORMS in the upper right corner to view these forms.
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March 3, 2023
7:09 PM
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