MarilynG1
Expert Alumni

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. 

 

@tseib 

 

 

 

 

 

 

 

 

 

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