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Does Illinois Municiple Retirement fund qualify for credit for retirement savings?
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Yes. This is an eligible contribution for the retirement savings contribution credit. There are additional requirements concerning your age, AGI, status as a student, and whether you are a dependent taxpayer. See page 47-48 of Pub 590A under the heading, "Retirement Savings Contributions Credit" and "who can claim the credit" to learn more. https://www.irs.gov/pub/irs-pdf/p590a.pdf
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