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January 18, 2020
Question

I originally entered that I did contribute to a qualifying retirement fund. However I was mistaken and I did not. TurboTax will not let me change it back. How do I do so?

  • January 18, 2020
  • 1 reply
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1 reply

KathrynG3
January 20, 2020

Go to the Search box at the top right corner of the program. Enter in "IRA contributions" and click the Jump to link.

 

This article explains what a qualified retirement plan is to confirm that your fund is not a qualifying retirement fund.

 

You can also revisit the questions for the Retirement Savings Contribution Credit using the steps below.

  • Log into your account and click Take Me to My Return
  • Click the Federal tax tab
  • Go to the Deductions and Credits screen
  • Scroll down until you see the Retirement and Investments Section (you may have to click Show All Tax breaks)
  • Proceed through the interview screens for Retirement Savings Contribution Credit