topic Why does my 408p SIMPLE IRA plan not qualify on turbotax for the retirement savings contributions credit? in Retirement tax questions

Why does my 408p SIMPLE IRA plan not qualify on turbotax for the retirement savings contributions credit?

nicoleglennon — Mon, 03 Jun 2019 20:16:47 GMT

My 408p SIMPLE IRA deductions on my W2 are not showing up for the retirement savings credit. Why is this?

nicoleglennon — Mon, 03 Jun 2019 20:16:48 GMT

According to the qualifications, I qualify for the credit and I am not using a 1040EZ. I qualify for this, but it does show that on turbotax.

MarilynG — Mon, 03 Jun 2019 20:16:49 GMT

You may need phone support to help you specifically. See Edited answer for contact info.

MarilynG — Mon, 03 Jun 2019 20:16:50 GMT

There are income limitations to claim the Saver's Credit. It also cannot be used with a 1040EZ return.

Here's some info to help you:

If you believe you meet all the qualifications, you can contact phone support for specific help: