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All about 8880
How to Claim the Saver's Tax Credit
The Retirement Savings Contribution Credit is a tax credit for eligible people who contribute to an individual retirement account (IRA) or an employee-sponsored retirement plan. The Saver's Credit is designed to encourage low and moderate income families... Read more » Related Articles
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How to Prepare Tax Schedule 8880
Tax schedule 8880 should be prepared if you contributed money to a traditional or Roth IRA, elective deferrals to a 401K, 403B, governmental 457, SEP plan or voluntary employee contributions to a retirement plan. This form is a credit for qualified... Read More »
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