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 IRS Form 8908 Walkthrough Claiming the Energy Efficient 2023-2025

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we'll be going over IRS form 8880. which is the credit for qualified retirement savings contributions form this is a form that you'll complete and then attach to your federal income tax return whether it's form 1040 1040 Sr or 1040 NR now you might be able to take this Credit in certain limited circumstances in order to do so you must meet the following criteria a you or your spouse if you're filing a joint tax return must have made contributions to either a traditional or Roth IRA made elective deferrals to a qualified retirement plan or voluntary employee contributions to a qualified retirement plan or made contributions to a 501 c18d plan which is basically a specific tax treatment for certain pension plans or if you've made a contribution as a designated beneficiary to an able account however you cannot take the tax credit if your income exceeds certain levels based on your uh income tax return and that those levels uh are thirty four thousan

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