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elliem93
New Member

How do I remove a retirement saving contribution credit?

 
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31 Replies
whenry
New Member

How do I remove a retirement saving contribution credit?

I had to go back and put in that I was a full time student to delete the saver's credit.  It didn't make sense because I was not a full time student, but that's the only way I could file my return through the free turbo tax.  I was getting a fake number saying "Congratulations you received a saver's credit of $125 for contributing to a retirement fund which I did not contribute to and I said "No" when asked if I contributed.  Then the you must pay for deluxe or I could not put my return through.  I kept deleting my return and starting over again 3 times before I figured out how to get around this glitch!!
dmertz
Level 15

How do I remove a retirement saving contribution credit?

If TurboTax was giving you a $125 Saver's Credit, you either entered an IRA contribution (including possibly applying a prior-year excess contribution as a current-year contribution), a self-employed retirement contribution, your W-2 entry showed code D, E, F, G, H, S, AA, BB or EE in box 12 for a retirement contribution or you indicated that you made after-tax contributions to an employer plan.  Without one of these, TurboTax would not be giving you this credit.  So if you truly made no retirement contributions, one of the aforementioned entries is erroneous and needs correcting.
ErinH
Intuit Alumni

How do I remove a retirement saving contribution credit?

Yes, you can delete the Form 8880 for the Saver's Credit to remove it from your return.

Select Tax Tools, then Tools from the navigation panel on the left.

  • Select Delete a Form
  • Scroll list for the form you need to delete (Form 8880)
  • Select Delete

Caution: Once a form is deleted, its gone for good.

ethan0pia
New Member

How do I remove a retirement saving contribution credit?

I followed these steps and deleted the file, it said it was deleted, but did not actually delete it or remove the applied credit. I am unable to file without upgrading.
HaimeB123
New Member

How do I remove a retirement saving contribution credit?

I had the same issue. I cleared the forms and started over, entered the same information, and was able to complete and file without being forced to upgrade. I don't know what the issue was.
rostost
New Member

How do I remove a retirement saving contribution credit?

Same issue happened. TurboTax devs, you need to fix it
vwmarci
New Member

How do I remove a retirement saving contribution credit?

Same here. This is an issue that TT needs to fix asap.

How do I remove a retirement saving contribution credit?

Pretty sure it is by design
dmertz
Level 15

How do I remove a retirement saving contribution credit?

Form 8880 is auto-generated.  It cannot simply be deleted.  To cause TurboTax to remove Form 8880 from your tax return, indicate in the Retirement savings contributions credit section that you were a full-time student.  This will have no effect on any other part of your tax return.

sshaf003
New Member

How do I remove a retirement saving contribution credit?

You cannot delete it...you have to go to tax homes then click tools the you have to click clear tax forms and restart the whole process all over

How do I remove a retirement saving contribution credit?

That is not true, one more step is needed, what is it? 

I keep deleting form 8880 and it keeps appearing with "retirement savings contribution credit" staying on. 

cndtax
New Member

How do I remove a retirement saving contribution credit?

Won't allow you to delete the form anymore, it automatically repopulates after it says it has been deleted successfully. Maddening.

dmertz
Level 15

How do I remove a retirement saving contribution credit?

The suggestions to simply delete the Form 8880 were invalid; it has never been possible to simply delete the auto-generated Form 8880.  To cause the form to be removed, you must indicate to TurboTax that you do not qualify for the credit by indicating in the Retirement Savings Contributions section that you were a full time student.

zwhawk
New Member

How do I remove a retirement saving contribution credit?

I did not enter anything about an IRA. In fact, I cleared my form three times to make sure but at the end it wants to give me a $64 credit and says I must upgrade to file. After four times of making sure I didn't enter anything for a credit, I'm about to give up on Turbo Tax. Does anyone know how to get this off. I wasn't a full time student so I don't want to lie on the return.

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