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April 10, 2024
Question

Why does it keep putting my Retirement Savings Contribution Fund at $5 when i don’t have a retirement contribution fund? I can not delete it

  • April 10, 2024
  • 1 reply
  • 0 views
I keep trying to delete it and i’ll go in and add $0’s and it doesn’t work

1 reply

KrisD15
April 10, 2024

It sounds like the "Saver's Credit" which would be on your W-2. 

If you contributed through your paycheck and you don't want to pay for the TurboTax upgrade required, go to the Personal Info section and tell the program you are a student. 

 

This will not affect your tax return (except that you won't get that $5 credit) but it will trick the program to not upgrade for the reason of the savor's credit. 

Students can take the Saver's Credit. 

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