I have a question about the IRA Tax Credit. Why don’t I qualify for the retirement savings contribution credit / Saver’s Credit?

To be eligible for the retirement savings contribution credit/Saver’s Credit, you must meet all of these requirements:

• You make voluntary contributions to a qualified retirement plan for 2023.
• You’re at least age 18 by the end of 2023.
• You weren’t a full-time student during any part of five calendar months in 2023.
• Another person can’t claim you as a dependent.
• Your modified adjusted gross income (AGI), based on your filing status, isn’t more than:
  • Married filing jointly — $61,500
  • Married filing separately — $30,750
  • Single — $30,750
  • Head of household — $46,125
  • Qualifying widow(er) — $30,750