ilmscore | Prediction Details
"if you are single and you make under thirty two thousand five hundred dollars or if you're single making under forty eight thousand seven hundred and fifty dollars with the dependents or if you're married with combined income less than sixty five thousand dollars then there's a special tax break called the savers credits studies show that less than 10 percent of americans know about the savers credit so i'm happy to keep you informed if you put money into retirement accounts not only will you get a tax deduction but you'll receive an additional tax credit of up to one thousand dollars if you're single or two thousand dollars if you're married filing jointly you can do this with a 401k a 457 a 403 b or with an ira"
By ClearValue Tax | November 29, 2020 | Pending
From video
9 Tax Hacks To Maximize Your Refund! 00:02:20 - 00:03:02
Interpreted Prediction
Individuals earning under $32,500 (single), $48,750 (single with dependents), or $65,000 (married filing jointly) can claim the Savers Credit, providing an additional tax credit of up to $1,000 (single) or $2,000 (married) when contributing to retirement accounts like 401k, 457, 403b, or IRA.

Prediction Details

Topic
Savers Credit

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.