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-   -   Can we take Retirement savings contributions credit (https://www.askmehelpdesk.com/showthread.php?t=19296)

  • Jan 31, 2006, 09:35 AM
    emmabetty
    Can we take Retirement savings contributions credit
    We are filing jointly and have made elective deferral to 403(b). The amount on Form 1040 line 38 is under $50,000(excluded my husband's foreign income using Form 2555-EZ).
    However, for Form 8880 line 8, it says, "See pub. 590 for the amount to enter if you are filing Form 2555-EZ......"
    As I understand that is for traditional IRA and Roth IRA purposes, right?
    Can we still enter the amount from Form 1040, line 38 into Form 8880, line 8?

    Thanks much!
  • Jan 31, 2006, 10:12 AM
    AtlantaTaxExpert
    Will need to research this question. Hopefully, will answer this evening.

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