I opened a Roth IRA in 2017 and made contributions. Do I fill out both the "Traditional and Roth IRA Contributions" and "Retirement Savings Contribution Credit" sections?
I opened a Roth IRA in 2017 and made contributions. Do I fill out both the "Traditional and Roth IRA Contributions" and "Retirement Savings Contribution Credit" sections?
Yes, although you will not get a deduction for your Roth contributions, entering the information will track basis information.
In addition, your Roth contribution may qualify you for the Retirement Savings Credit.
I opened a Roth IRA in 2017 and made contributions. Do I fill out both the "Traditional and Roth IRA Contributions" and "Retirement Savings Contribution Credit" sections?
Yes, although you will not get a deduction for your Roth contributions, entering the information will track basis information.
In addition, your Roth contribution may qualify you for the Retirement Savings Credit.
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