Redding CA Bookkeeping and Tax Service

Saver’s Credit Income Limits – Did You Know?

The IRS has increased the income limit for the Saver’s Credit for tax year 2019 (also known as the Retirement Savings Contributions Credit):

– Single and married individuals filing separately: $32,000 from $31,500
– Married couples filing jointly: $64,000 from $63,000
– Heads of households: $48,000 from $47,250

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