nohas66
New Member

Can I receive a Retirement Savings Contribution Credit if I am taking the Standard Deduction?

 
rjs
Level 15
Level 15

Retirement tax questions

Yes, you can get the retirement savings contribution credit ("Saver's Credit") if you take the standard deduction. One thing has nothing to do with the other. A credit and a deduction are two different things. The credit is not a deduction.

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nohas66
New Member

Retirement tax questions

Great. I can't find where I would add the credit though.