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Form 8880, titled Credit for Qualified Retirement Savings Contributions, is the IRS form used to calculate and claim the Saver’s Credit. The credit is based on your adjusted gross income (AGI), filing status, and the amount you contributed to qualified retirement plans during the tax year.
You should file Form 8880 if:
Form 8880 must be attached to your Form 1040, 1040-SR, or 1040-NR when filing your federal tax return. You must submit it for the same tax year in which your retirement contributions were made.
To complete Form 8880, you’ll need:
Form 8880 offers a direct tax benefit to individuals saving for retirement. It can:
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