MacQ
New Member

Under "Credit for retirement savings contributions" my $8K roth principle dist reduces my refund. My 2014 $6K dist doesn't reduce my refund. I'm confused.

Both my 2014 and 2015 roth distributions were qualified. The 2014 $6K distribution has no affect and the 2015 $8K roth distribution reduces my refund by $200. Why would  there be any increase on taxable income under a retirement contribution savings credit?