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bs261
Returning Member

Do I include my $6,000 Roth IRA contribution for Saver's Credit? TurboTax help article says to not include any Roth IRA contributions, but IRS says Roth IRA is eligible.

 
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2 Replies
FangxiaL
Expert Alumni

Do I include my $6,000 Roth IRA contribution for Saver's Credit? TurboTax help article says to not include any Roth IRA contributions, but IRS says Roth IRA is eligible.

If you qualify for the Saver's Credit, you can include your Roth IRA contribution for it. Roth IRA does qualify you for the saver's credit. The first $2,000 contribution qualifies for the credit and it is also income-based. 

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dmertz
Level 15

Do I include my $6,000 Roth IRA contribution for Saver's Credit? TurboTax help article says to not include any Roth IRA contributions, but IRS says Roth IRA is eligible.

Always enter your Roth IRA contributions.  TurboTax will verify that you are eligible to have made the contribution, will track your basis in Roth IRA contributions and will determine any Retirement Savings Contributions Credit for which you might qualify.

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