turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Should I claim I was a full time student even thought I was not a full time student but I don't wish to get the retirement savings contribution

I do not want to get into trouble
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Replies
Vanessa A
Employee Tax Expert

Should I claim I was a full time student even thought I was not a full time student but I don't wish to get the retirement savings contribution

If you were not a Full-Time student then, no, you will not say you were a FT student.

 

Did you make a retirement savings contribution?  Unless you made a contribution you would not enter anything in that section. 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Should I claim I was a full time student even thought I was not a full time student but I don't wish to get the retirement savings contribution

@Vanessa A 

 

Check with your collogues.... the software forces the user to take the Retirment Saving Contribution credit if they have any $$ contributed to some retirement account, like a 401k noted on a W-2....sometimes for a pitiful few $$....then they are forced to upgrade to Deluxe...and have to pay more for Fed + State than the RSCC gives them.

 

We in the Forum, have been telling users to indicate they are a full time student (during the RSCC interview) for many years no...to eliminate that forced upgrade whenever the Credit is lower than the cost of the Software upgrade...like ~$80+in this case.

____________*Answers are correct to the best of my knowledge when posted, but should not be considered to be legal or official tax advice.*
message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question