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bboo86
New Member

I'm trying NOT to claim the Retirement Savings Contribution Credit. Do I HAVE to claim this credit? It's causing me to pay $80 to file instead of it being free

 
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1 Best answer

Accepted Solutions
macuser_22
Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I'm trying NOT to claim the Retirement Savings Contribution Credit. Do I HAVE to claim this credit? It's causing me to pay $80 to file instead of it being free


Two options:

1) You might be able to use the Free File Edition for incomes under $36,000 and supports all states and most forms.

And get the credit.

The Free File Edition is part of the IRS Free File alliance and is totally separate from TurboTax website. The IRS Free File should not be confused with the TurboTax Free Edition that only supports simple tax returns.

https://freefile.intuit.com/

How do I switch to TurboTax Free File?
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.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

View solution in original post

1 Reply
macuser_22
Alumni
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

I'm trying NOT to claim the Retirement Savings Contribution Credit. Do I HAVE to claim this credit? It's causing me to pay $80 to file instead of it being free


Two options:

1) You might be able to use the Free File Edition for incomes under $36,000 and supports all states and most forms.

And get the credit.

The Free File Edition is part of the IRS Free File alliance and is totally separate from TurboTax website. The IRS Free File should not be confused with the TurboTax Free Edition that only supports simple tax returns.

https://freefile.intuit.com/

How do I switch to TurboTax Free File?
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.

**Disclaimer: This post is for discussion purposes only and is NOT tax advice. The author takes no responsibility for the accuracy of any information in this post.**

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