Skip to main content
TurboTax
Community
TurboTax
TurboTax
LoriWing
Level 3
Jan 30, 2022 2:27 PM UTC
Solved

2021 Saver Credit

I contributed to my pension, SC Police Officer Retirement Class 3, and I meet all the criteria for the 2021 Saver Credit but Turbo Tax isn't giving me the credit.  Is it because my W-2 isn't correctly showing my contributions?

JohnW152Answer
Alumni - Intuit
Jan 30, 2022 4:15 PM UTC

That's possible, but the most likely reason is that, while you're eligible for the credit, you probably don't need it. 

The Saver's Credit is a "non-refundable" tax credit, which means that all it does is reduce your tax -- it can’t reduce the amount of tax you owe on your return to less than zero, so it won't necessarily make a difference in your refund.

It's calculated on a specific percentage of the contributions you've made during the year, with the percentage based on your adjusted gross income.

Please see the TurboTax article What is the 2021 Saver's Credit? for more information.

View in thread

1 reply

JohnW152Answer
Alumni - Intuit
Jan 30, 2022 4:15 PM UTC

That's possible, but the most likely reason is that, while you're eligible for the credit, you probably don't need it. 

The Saver's Credit is a "non-refundable" tax credit, which means that all it does is reduce your tax -- it can’t reduce the amount of tax you owe on your return to less than zero, so it won't necessarily make a difference in your refund.

It's calculated on a specific percentage of the contributions you've made during the year, with the percentage based on your adjusted gross income.

Please see the TurboTax article What is the 2021 Saver's Credit? for more information.

    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Explore your options
    Terms & ConditionsAccessibility statement
    Sitemap
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2026 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, Credit Karma, and Mailchimp are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    About Cookies Manage cookies

    TRUSTe nResult Certified e-File C-Level Security Certification
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    © 2026 Intuit Canada ULC or its affiliated companies. All rights reserved. Intuit, QuickBooks, QB, TurboTax and ProFile are registered trademarks of Intuit Inc. Terms and conditions, features, support, pricing, and service options subject to change without notice.

    Copyright © Intuit Canada ULC, 2026. All rights reserved.

    About Cookies Manage cookies

    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    © 2026, Entreprises Intuit Canada ULC ou ses sociétés affiliées. Tous droits réservés. Intuit, QuickBooks, QB, TurboImpôt et ProFile sont des marques déposées d’Intuit Inc. Les modalités, prix, fonctions et options de service et de soutien peuvent changer sans préavis.

    © 2026, Entreprises Intuit Canada ULC. Tous droits réservés.

    À propos des témoins Gérer les témoins