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"Distribution from retirement plan" for Saver's Tax Credit

Hello! I'm filling in the fields on TurboTax to determine if I'm eligible for the Saver's Tax Credit. One of the questions is, "Did you receive any distributions from a retirement plan after 2017"? In 2018, I sold my shares of company stock which I'd purchased when working for that company as part of an employee stock purchase plan. But that doesn't count as a retirement plan, correct? Also, I rolled over the 401k that I'd had in that company, and converted it to a Roth IRA. But again, that isn't considered a distribution if it's just rolled over to another retirement plan, right?

 

Thank you for helping to clear up my confusion!

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2 Replies
ColeenD3
Expert Alumni

"Distribution from retirement plan" for Saver's Tax Credit

No, neither of those are considered distributions from a retirement plan.

"Distribution from retirement plan" for Saver's Tax Credit

Thank you very much!

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