☰
✕
Sign In

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 Jun 1, 2019 11:06:32 AM

I didn't realize it, but I've had a Traditional IRA for a few years, and I've never considered it in my tax returns. Should I have?

0 1 262
1 Best answer
Intuit Alumni
Jun 1, 2019 11:06:34 AM

Yes, you should report it to get a retirement contribution credit each year. Please view the TurboTax FAQ below to see if your eligible for the Saver's Credit.

https://turbotax.intuit.com/tax-tips/tax-deductions-and-credits/what-is-the-savers-credit/L3LyopRkK


Follow the directions in the TurboTax FAQ below if you want to report your traditional IRA contributions.

https://ttlc.intuit.com/replies/4792466

1 Replies
Intuit Alumni
Jun 1, 2019 11:06:34 AM

Yes, you should report it to get a retirement contribution credit each year. Please view the TurboTax FAQ below to see if your eligible for the Saver's Credit.

https://turbotax.intuit.com/tax-tips/tax-deductions-and-credits/what-is-the-savers-credit/L3LyopRkK


Follow the directions in the TurboTax FAQ below if you want to report your traditional IRA contributions.

https://ttlc.intuit.com/replies/4792466