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New Member
posted Mar 15, 2024 1:14:53 PM

Do i have to upgrade because of Retirement Savings Contribution credit that I did not input that information in?. I do not see anything of that on my form W-2

0 3 2071
3 Replies
Level 15
Mar 15, 2024 1:19:48 PM

In the Retirement Savings Contribution section just indicate that you are a Student so you will be eligible for the credit and you will not have to upgrade.

Expert Alumni
Mar 15, 2024 1:21:11 PM

You can choose not to take the credit if you choose not to. 

 

  1. Go to federal
  2. Deductions and credits
  3. Retirement and investments
  4. Retirement Savings Contribution Credit
  5. If you qualify for the credit and questions are asked, answer in such as way that will disqualify you from the credit.  

New Member
Apr 2, 2024 6:16:29 PM

This seems like a shady tactic to the system if it's not a glitch, where if the user doesn't actually get any credit back from the Retirement Savings Contribution Credit, they shouldn't then be prompted to upgrade to Deluxe anyway. If the user did get money from that, then great, maybe there's incentive to go to Deluxe. But it costs more unnecessary money to upgrade to Deluxe where there isn't any refund benefits in doing so.