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I contributed post tax funds into a IRA retirement account (private account not an employer plan). Do I input this into IRA/Roth Contribution, Retirement savings Credit, or both?

 
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DanaB
Expert Alumni

I contributed post tax funds into a IRA retirement account (private account not an employer plan). Do I input this into IRA/Roth Contribution, Retirement savings Credit, or both?

You will enter the contribution to the IRA by following the instructions below:

  1. Login to your TurboTax Account 
  2. Click "Take Me To My Return"
  3. Click "Federal" from the left side of your screen
  4. Click “Deductions &Credits” on the top
  5. Scroll down to “Retirement and Investments” and click “Show more
  6. Scroll down to “Traditional and Roth IRA Contributions” and click “Start

To possibly qualify for the Retirement Savings Credit please follow the instructions below:

  1. Click "Federal" from the left side of your screen
  2. Click on “Deduction and Credits” tab on the top
  3. Scroll down to “Retirement and Investments” and click on “show more
  4. Scroll down to “Retirement Savings Contribution Credit” and click "Start" 
  5. TurboTax will walk you through the questions.

Please be aware that TurboTax might require you to upgrade.

Please see this FAQ about the Retirement savings Credit:

https://ttlc.intuit.com/replies/3301263

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