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    emmabetty's Avatar
    emmabetty Posts: 2, Reputation: 1
    New Member
    		  
    #1

    Jan 31, 2006, 09:35 AM
    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!
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
    		  
    #2

    Jan 31, 2006, 10:12 AM
    Will need to research this question. Hopefully, will answer this evening.
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