Comments | dh003i: Tip on Retirement Savers Credit: The Difference Between an AGI of $15,000.50 and $15,000.51

dh003i

Tip on Retirement Savers Credit: The Difference Between an AGI of $15,000.50 and $15,000.51

Mar 06, 2005 20:17

The Retirement Savers Credit can be claimed using form 8880. Depending on one's marital situation and income (no-more than $50k), one may be able to obtain the savers credit. This credit can reduce the taxes the State will steal from you to $0, but it cannot get you a subsidy (State-payout). It can be used whether or not you itemize your 1040 or ( Read more... )

Comments 3

wow! anonymous June 7 2005, 06:41:33 UTC

Little late David! :) Definatly will use that next year.

Andy D (from mises blog)

Re: wow! dh003i June 7 2005, 17:03:04 UTC

Thanks, glad to be of help!

pitbrown November 20 2007, 06:12:23 UTC

It is a really interesting information, David, thanks...