wenwright
Returning Member

Retirement tax questions

I am getting the 200.00 Savers Credit for both years. 

In 2022, Box 12AA was 272.28 and that shows on Form 8880 Line 1 for 2022.

For this year, Box 12 AA had 1327.25.  It does not show on Form 8880 Line 1.

 

But, guess what?  I just discovered that TurboTax for 2022, Form 8880 Line 2 has added together Box D and Box 12AA  together,  2,574.98 + 272.28 = 2,847.26.   Line 3 shows 3,119.  (272.28 too much)  The Box 12AA amount of 272.28, is on Line 1 AND included in Line 2 !!!!

 

So, my 2023 Form 8880 is correct and 2022 was wrong.

 

But, it doesn't make any difference - I just like to compare my returns from year to year and note any differences.  THANK YOU!