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April 3, 2024
Solved

Credit for Qualifying retirement saving

  • April 3, 2024
  • 1 reply
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It is showing me as Student in form 8880 whereas I did not select myself as student. Also it is not showing my 401K conribution as qualified contibution. I meet all criteria for qualification. Any Idea how to fix this issue?

    Best answer by xmasbaby0

    Yes, I meet all of the requirements mentioned above. I suspect the software has a bug.


    To call TurboTax customer support

    https://ttlc.intuit.com/questions/1899263-what-is-the-turbotax-phone-number

    Customer support is available from 5 a.m. to 9 p.m. Pacific time

    1 reply

    Employee
    April 3, 2024

    Click your name in MY INFO and go through the screens to see if you accidentally clicked that you were a student in 2023.

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
    mumtazaliAuthor
    April 3, 2024

    I did check that and I have not selected myself as student.

    Employee
    April 3, 2024

    Do you meet all of the other requirements to get the retirement saver credit?

     

    1. not a full-time student

    2.  born on or before jan 1, 2006

    3.  no one else can claim you as a dependent

    4.  AGI does not exceed

     

    $73,000 if filing MFJ

    $54,750 if filing HOH

    $36,500 if filing MFS, Single or qualified surviving spouse

     

     

    **Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**