|
gptkbp:instanceOf
|
gptkb:tax_law
|
|
gptkbp:administeredBy
|
gptkb:Internal_Revenue_Service
|
|
gptkbp:appliesTo
|
individual taxpayers
contributions to SARSEP
contributions to SIMPLE IRA
contributions to 401(k)
contributions to 403(b)
contributions to 457(b)
contributions to IRA
|
|
gptkbp:cardType
|
nonrefundable
|
|
gptkbp:country
|
gptkb:United_States
|
|
gptkbp:eligibility
|
age 18 or older
not a full-time student
not claimed as a dependent
income below certain threshold
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Saver's Credit
|
|
gptkbp:incomeLimit2023
|
$36,500 for single filers
$54,750 for head of household
$73,000 for married filing jointly
|
|
gptkbp:introduced
|
gptkb:Economic_Growth_and_Tax_Relief_Reconciliation_Act_of_2001
|
|
gptkbp:introducedIn
|
2001
|
|
gptkbp:IRSWebsite
|
https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-savings-contributions-savers-credit
|
|
gptkbp:maximumLoanAmount
|
$1,000 for individuals
$2,000 for married couples filing jointly
|
|
gptkbp:officialName
|
gptkb:Retirement_Savings_Contributions_Credit
|
|
gptkbp:percentageOfContribution
|
10%
50%
20%
|
|
gptkbp:publicLawNumber
|
gptkb:Form_8880
|
|
gptkbp:purpose
|
encourage retirement savings
|
|
gptkbp:bfsParent
|
gptkb:retirement_savings_contributions_credit
gptkb:Credit_for_Qualified_Retirement_Savings_Contributions
gptkb:United_States_federal_income_tax
|
|
gptkbp:bfsLayer
|
7
|