Category: Potpourri of Tax Topics

Retirement Savers Credit And Prior Retirement Withdrawals

The retirement savers credit is a tax credit available to taxpayers who put money into a retirement account and whose income is below the threshold for qualifying for the credit. For 2019 returns, the thresholds are: $64,000 for married filing jointly; $48,000 for head of household; and $32,000 for single or married filing separately (and […]

Read Full Article