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TurboTax 2023 Deluxe isn't counting 457(b) for the Saver's Credit

I contribute to a 457(b) through my employer, which counts for the credit. In my W-2, it's box code G, but TurboTax is not counting this for the Saver's credit. If I manually change the code to D (401k), then the credit is applying properly, which proves to me it's not some other factor disqualifying me, such as income. 

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Accepted Solutions
dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

TurboTax 2023 Deluxe isn't counting 457(b) for the Saver's Credit

Is the 457(b) a governmental 457(b)?  Contributions to a nongovernmental 457(b) do not qualify for this credit.  For a code-G contribution to be counted for this credit you must indicate to TurboTax in the questions that follow the entry of your W-2 that the employer is a state or local government and that the contribution was voluntary.

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2 Replies
dmertz
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

TurboTax 2023 Deluxe isn't counting 457(b) for the Saver's Credit

Is the 457(b) a governmental 457(b)?  Contributions to a nongovernmental 457(b) do not qualify for this credit.  For a code-G contribution to be counted for this credit you must indicate to TurboTax in the questions that follow the entry of your W-2 that the employer is a state or local government and that the contribution was voluntary.

TurboTax 2023 Deluxe isn't counting 457(b) for the Saver's Credit

That was exactly what it was. I clicked the wrong answer on that initially. Couldn't find a way to bring those questions back when editing, but I reuploaded the W-2 and hit yes this time and it's showing correctly now.  Thanks for the help!

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