The credit for retirement savings seems new to me this year, maybe due to cutoffs in previous years, not sure I've seen that before and we have been using turbotax for many, many years. However, my husband contributed $8,723 and it says based on our bracket it's 10% up to $400. I didn't work last year, so I didn't put any money into a retirement account. We do have Roth IRA, so I'm not sure if I make a contribution to that if we would get any more back. I just want clarification because turbotax deluxe only gave us a $200 credit for it. I'm not sure if it's per person or married filing jointly that the number is based on (that's how we file married filing jointly).
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The credit is per the individual who makes a retirement contribution. The maximum credit for each individual's retirement contributions is calculated on only the first $2,000 of that individual's retirement contributions for the year. If AGI limits the credit to 10%, the maximum credit per individual is 10% of $2,000 = $200, so it appears that the your credit calculated by TurboTax is correct.
Note that the IRS web page regarding this credit has erroneous information regarding the maximum possible credit and that might be misleading you into thinking that the credit is calculated differently. Chapter 3 of IRS Pub 590-A has the correct information: https://www.irs.gov/pub/irs-pdf/p590a.pdf
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