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June 1, 2019
Question

To get rid of the retirement savings credit I saw a turbo tax specialist say to click “full time student” to refuse the credit. But if youre not, isn’t it lying on taxes?

  • June 1, 2019
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1 reply

June 1, 2019

You do not have to claim a credit you are entitled to.  You can choose not to accept the credit, and this is the only way to tell the program you do not want the credit.  You are always free to cheat yourself, you just can't cheat the IRS.  

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daqukcAuthor
June 1, 2019
How do you choose not to accept the credit in this scenario?