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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?

 
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KatrinaB
Intuit Alumni

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?

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

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1 Reply
KatrinaB
Intuit Alumni

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?

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

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