Amy files as a head of household. She determined her 2014 adjusted gross income was $70,000. During the year, she contributed $2,500 to a Roth IRA. What is the maximum saver's credit she may claim for 2014?

Question

Quizplus · Accepted Answer

For 2014, the saver's credit is not available to taxpayers with an adjusted gross income over $49,400 for head of household filers. Since Amy's AGI is $70,000, she is not eligible for the credit.

Amy Files as a Head of Household