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March 9, 2023
Question

How do I remove the "Investments and Savings" tab under my income? It marks me as having a special tax credit that I don't actually have/need

  • March 9, 2023
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March 9, 2023

The Retirement Savings Contributions Credit (Saver’s Credit) helps low and middle-income taxpayers save for retirement. Sometimes this is called the Credit for Qualified Retirement Savings Contribution or Retirement Credit. 

 

If you don't want to claim the credit, follow the steps below to remove it:

  1. Login to your account.
  2. Select Federal from the left menu.
  3. Go to Deductions and Credits 
  4. Scroll down to Retirement savings contribution credit in the Retirement and Investments section
  5. Continue to the screen Retirement savings contribution credit and answer Yes to the question "Were you a full time student during any five month in 2022?"(even if you were not)

You won't qualify for the credit if you check that you were a full time student.

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