Friday, November 6, 2009

Is it possible to get a pension tax credit with a roth IRA?

The credit is actuall called the "Saver's Credit"





The IRS just recently extended this credit. The actual credit amount is based on your AGI (adjusted gross income).. If


your you want to claim that credit this year, you will have to wait until Feb 3. This IRS can not process any returns with this credit included (as well as some other)





Please go to http://www.irs.gov/newsroom/article/0,,i... for more info


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I am a tax specialist

lily

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