Credits we check · United States

Did you miss the Saver’s Credit?

RefundSift checks your United States tax situation for the Saver’s Credit. Here is what it is, in plain language, with links to the official IRS pages.

Who qualifies

• You contributed to an IRA, 401(k), 403(b), 457(b), SIMPLE, TSP or ABLE account.
• You are 18 or older, not a full-time student, and not claimed as someone else’s dependant, and your AGI is under the yearly limit.

How much

The credit is 50%, 20% or 10% of up to $2,000 of contributions ($4,000 married filing jointly), so up to $1,000 ($2,000 jointly). Claimed on Form 8880.

How far back you can claim

To claim a refund on Form 1040-X, the IRS says you generally must file within 3 years after the date you filed the original return, or 2 years after the date you paid the tax, whichever is later.

Official sources

• Retirement Savings Contributions Credit (IRS)
• About Form 8880 (IRS)
• File an amended return (IRS)

Not tax advice. This page is general information based on the official sources above, which can change. Rules and amounts depend on your full situation and the tax year. Check the official source or a qualified professional before you claim.