Is there an age or filing status limitation in claiming the Retirement Savings Contribution Credit?
Answer:
You cannot claim the credit if the person(s) who made the qualified contribution or elective deferral (a) was born after January 1, 1994, (b) is claimed as a dependent on someone else’s 2011 tax return, or (c) was a student.
Interested in more Retirement Savings Credit Questions?
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- Is there an age or filing status limitation in claiming the Retirement Savings Contribution Credit?
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