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June 6, 2019
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Why am I getting the retirement contribution credit?

  • June 6, 2019
  • 1 reply
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I rolled over an employer IRA into a traditional IRA and a ROTH IRA.  So I don't understand why it is saying I made contributions and qualify for the credit.
Best answer by KenH1

The rollovers wouldn't count, but if any new 401k money contributed during the year would count.  TurboTax picks this up from box 12 of your W2.

1 reply

KenH1Answer
Employee
June 6, 2019

The rollovers wouldn't count, but if any new 401k money contributed during the year would count.  TurboTax picks this up from box 12 of your W2.

MelissaC6Author
June 6, 2019
Box 12 has a code of AA and DD.  The money showing for the AA was rolled over from the previous employer to a personal ROTH IRA, so how do I get rid of the retirement contribution credit showing up?