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New Member
posted Feb 7, 2024 7:38:40 PM

If I use form 8880 for retirement credit I got $2000, but turbo tax do not have such credit?

I use H & R for 2023 return, it shows me extra $2000
 

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2 Replies
Level 15
Feb 7, 2024 7:40:45 PM

https://ttlc.intuit.com/turbotax-support/en-us/help-article/accounting-bookkeeping/2021-saver-credit/L30oRgjwj_US_en_US?uid=lsco7vl7

Level 15
Feb 7, 2024 7:59:41 PM

TurboTax calculates the credit correctly provided that you enter everything correctly into TurboTax.  If you are seeing a difference between H&R Block's software and TurboTax, you've apparently entered something differently between the two.

 

For example, perhaps you were a full-time student and you failed to tell H&R Block that.  Or maybe you failed to enter your qualifying retirement contributions into TurboTax.  Another possibility is that you or your spouse received a retirement distribution in 2021, 2022, 2023 or 2024 that you told TurboTax about but failed to tell H&R Block about.