Is there a way I can see how turbo tax came up with the credit amount of the Retirement Savings Contribution Credit? I tried calculating this on my own and I am getting a completely different amount then what is shown on Turbo Tax.
You'll need to sign in or create an account to connect with an expert.
You have to look at form 8880, to see that. In TurboTax, you cannot see the forms until you pay your fee.
A common reason is that the qualifying amount, of this year's contribution must be reduced for any IRA, 401k, or pension withdrawals, in the last three years, by either you or your spouse. This reduction will be shown on form 8880.
You have to look at form 8880, to see that. In TurboTax, you cannot see the forms until you pay your fee.
A common reason is that the qualifying amount, of this year's contribution must be reduced for any IRA, 401k, or pension withdrawals, in the last three years, by either you or your spouse. This reduction will be shown on form 8880.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
myownfriend
New Member
Wiz222
Level 2
marawatk
New Member
TaxFart
Level 2
szakalkaty
New Member
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.