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Level 6
December 7, 2019
Solved

Does proseries automatically take box 12 code and calculate Retirement Savings Credit? Or do we have to do this manually?

  • December 7, 2019
  • 1 reply
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Does proseries automatically take box 12 code and calculate Retirement Savings Credit? Or do we have to do this manually?

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Best answer by rbynaker

It's mostly automatic.  If you're in the zone for the Saver's Credit, I think there's a required checkbox on the Fed Info Wks to mark that taxpayer is NOT a full time student.

1 reply

rbynaker
rbynakerAnswer
Level 13
December 7, 2019

It's mostly automatic.  If you're in the zone for the Saver's Credit, I think there's a required checkbox on the Fed Info Wks to mark that taxpayer is NOT a full time student.