The National Directory of Certified Public Accountants

Ask A CPA - Retirement Savings Credit

What Is The AGI Limitation For Claiming The Retirement Savings Contribution Credit?

You are not eligible for the credit if your adjusted gross income exceeds a certain amount. You cannot take the credit if either of the following applies: The amount of AGI on Form 1040, line 38 ; Form 1040A, line 22; or Form 1040NR, line 37, is more than $28,250 ($42,375 if head of household; $56,500 if married filing jointly).

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