Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jan 26, 2020 11:15:22 AM

Do I have to take the retirement credit

0 3 628
3 Replies
Level 15
Jan 26, 2020 11:29:05 AM

No, but the program (and the IRS) will automatically give it to you if you qualify.

New Member
Jan 26, 2020 12:23:23 PM

How can I get around taking it. I am going to have to pay 80 dollars to get a extra 8 dollars back

Level 15
Jan 26, 2020 12:29:38 PM

Why do you want to take it off?

Unless the credit is less than the upgrade?

Two options:

1) You might be able to use the Freedom Edition for incomes under $33,000 and supports all states and most forms.

And get the credit.

The Freedom Edition is part of the IRS Free File alliance and is totally separate from TurboTax website.

https://turbotax.intuit.com/taxfreedom/

How do I switch to TurboTax Freedom Edition?
https://ttlc.intuit.com/replies/3491786

2) In the "savers credit" interview answer "yes" you are a student. The answer does not go on the tax return or affect anything else, it simply "fools" TurboTax to remove the credit.