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Do 401(k) contributions qualify for the Saver's Credit?

SOLVEDby TurboTax1010Updated January 13, 2023

If you qualify, a portion of your 401(k) contributions can count towards the Retirement Savings Contribution Credit, more commonly known as the Saver's Credit.

The maximum credit you can qualify for is $2,000 if you're filing jointly, $1,000 for all other filing statuses.

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