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Why will Turbo Tax not give me the Retirement Savers Credit?
I have paid into the South Carolina Retirement System all 32 1/2 years that I worked, through June of 2018, and have received the Credit each year. Then I retired effective 6/30/18 and began receiving a retirement check. No matter how I enter the info, Turbo Tax will not give me the credit for the 6 months' worth of contributions. Can you explain to me the reason?
In SC, our Retirement System had a program called TERI. We could retire and keep working and drawing our usual salary, and our retirement check was put into a TERI account--we did not receive it. On June 30, 2018, it was rolled over into a 403 (b) account and it is still there. I haven't touched it. Could this be the reason? I was told I didn't have to report it because I didn't receive it, but I'm trying to be honest. I just want to know why I can't get the Saver's Credit for the 6 months I worked and contributed? [removed]