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January 25, 2020
Question

Why is Retirement Savings Contribution Credit applying to my taxes if I don’t have anything that applies for it?

  • January 25, 2020
  • 1 reply
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1 reply

CatinaT1
January 27, 2020

This credit may be automatically calculating if you entered a W2 with pre-tax retirement account contributions.  Typically these are shown in box 12 of your W2 with a code of D.

 

Credits are good!  They reduce your tax liability!

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