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Can I remove the Retirement Savings Contribution credit?

I don’t want the Retirement Savings Contribution credit on my return. I would have to pay $80 to upgrade and only get $3 more on my return that’s ridiculous. I don’t want to include the Retirement Savings Contribution credit.
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2 Replies
rjs
Level 15
Level 15

Can I remove the Retirement Savings Contribution credit?

To remove the credit, go to the Retirement Savings Contribution Credit topic in the interview. When it asks you if you were a full-time student during any five months of 2021, answer Yes. That will make you ineligible for the credit.


To get to the topic, in the Search box type "retirement savings contributions credit" (without the quotes), then click the link that says "Jump to retirement savings contributions credit."

 

DaveF1006
Expert Alumni

Can I remove the Retirement Savings Contribution credit?

Yes, you can remove the credit from your return by disqualifying yourself. 

  1. Go to federal>deductions and Credits
  2. Retirement and Investments>Retirement Savings Contribution Credit>start

  3. When you answer the questions in this section, indicate you are a fulltime student (even if you aren't)

  4. This will disqualify you from receiving the credit and should allow you to return to the free version

  5. To return to the free version, go to tax tools>Return to Free

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