TurboTax

Level 2

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401A Plan for Credit

Does a 401A qualify for saver's credit in California? Are there any updates, so one yes answer and a no answer.

Best answer by jotax4-

On the saver's credit on federal, does a 401A plan qualify?

Level 15

I don’t believe that there is a savers credit for California.

Employee Tax Expert

There is a Saver's credit on your federal returns, but there is not a corresponding credit that can be taken on the California return.

Please see the following links for more information.

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jotax4-AuthorAnswer

Level 2

On the saver's credit on federal, does a 401A plan qualify?

Level 15

No, the 401a plan does not qualify.

Here is a TurboTax article about the Savers Credit.

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