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Level 2
January 21, 2021
Question

Retirement Savings Contribution Credit

  • January 21, 2021
  • 3 replies
  • 31 views
This program says I have to upgrade to Deluxe ($30) for a Retirement Savings Contribution Credit of $4. I don't even know why I get this "Credit" because I have not contributed to any retirement savings plans. Is there a way to remove it? Or can someone tell me what it is for and WHY I have a $4 "Credit"?

3 replies

pmelton03Author
Level 2
January 21, 2021

*** Correction, deluxe is $40

Level 15
January 21, 2021

In order to remove the Retirement Savings credit in order not to be forced to upgrade to Deluxe is to say that you were a full-time student in the Retirement Savings Contributions Credit section, even if you were not.  Doing so won't affect your tax return in any other way.

 

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Level 2
March 7, 2021

This question has been removed from the Retirement section. There is no way to avoid this even if you claim you are a student in your personal info.