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March 3, 2024
Solved

The "Retirement Savings Contribution credit" was added by accident and I am unable to remove it. Turbotax is trying to get me to upgrade to "Deluxe." Tried deleting form.

  • March 3, 2024
  • 1 reply
  • 0 views
How can I remove this so I can continue filing with Turbotax Free like I have for years?

Tools > Delete form (form 8880) does not work. It does not remove it from the account and I'm unable to file for free. There is $0 added to my return by the Form 8880.
Best answer by DoninGA

@wesoverstreet4 Odd... that usually removes the credit since Student's are not allowed this credit.

 

Try this -

Click on Federal 

Click on Deductions & Credits

Scroll down to Retirement and Investments

On Retirement Savings and Contribution Credit, click on Start

During this interview you will be asked if you are a full time student, so answer Yes

1 reply

DoninGA
Employee
March 3, 2024

Go back to My Info and change your occupation to Student.  This will remove the Saver's Credit and let you continue to use the Free online edition.

 

Click on My Info on the left side of the online program screen.  Edit your personal information.

March 3, 2024

Thanks for the quick reply. Unfortunately, it didn't work. Here's what I did:

 

1. My Info > Edit > Set occupation to "Student"

2. Went to file... nope.

3. Tools > Delete form 8880

4. Go to file.. nope.

 

Then I edited my info again to even check the "I was a full-time student" box, then repeated the steps above, and nothing.

 

It keeps telling me to review my "Retirement Contributions." I leave everything blank and there is no way to remove this.

 

Any other ideas?

DoninGA
DoninGAAnswer
Employee
March 3, 2024

@wesoverstreet4 Odd... that usually removes the credit since Student's are not allowed this credit.

 

Try this -

Click on Federal 

Click on Deductions & Credits

Scroll down to Retirement and Investments

On Retirement Savings and Contribution Credit, click on Start

During this interview you will be asked if you are a full time student, so answer Yes