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Retirement Savings Contributions Credit (Saver’s Credit)
hi ...
can i claim the saver's tax credit if i have no W2 income ?
i'm retired and my income is from social security , savings, interest income, etc ...
ie, i have no earned income ...
but my AGI is within the required limits to claim the credit ...
so if i contribute to a traditional IRA, can i claim the credit ?
the IRS website didn't say anything about having to have "earned income"
to claim the credit ...
thanks so much
Topics:
February 16, 2025
3:13 PM