Question

Do i have to upgrade because of Retirement Savings Contribution credit that I did not input that information in?. I do not see anything of that on my form W-2

Forum|Forum|2 years ago
March 15, 2024
2 replies
0 views

No text available

TurboTax Free Edition Online

Employee

In the Retirement Savings Contribution section just indicate that you are a Student so you will be eligible for the credit and you will not have to upgrade.

DaveF1006

You can choose not to take the credit if you choose not to.

Go to federal
Deductions and credits
Retirement and investments
Retirement Savings Contribution Credit
If you qualify for the credit and questions are asked, answer in such as way that will disqualify you from the credit.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"

N

Nicknack17a

This seems like a shady tactic to the system if it's not a glitch, where if the user doesn't actually get any credit back from the Retirement Savings Contribution Credit, they shouldn't then be prompted to upgrade to Deluxe anyway. If the user did get money from that, then great, maybe there's incentive to go to Deluxe. But it costs more unnecessary money to upgrade to Deluxe where there isn't any refund benefits in doing so.