Retirement Savings Credit
Are contributions designated under section 414(h)(2) qualified for the Retirement Savings Contribution Credit?
Contributions designated under section 414(h)(2) are treated as employer contributions and as such they are not voluntary contributions made by the employee. They do not qualify for the credit and should not be included on Form 8880, line 2.
Need Professional Help?
If you need help with "Retirement Savings Credit" or have other tax questions, we can help you find a local licensed tax preparer for a free, no-obligation consultation.