Instructions For Form 1040-A - U.s. Individual Income Tax Return - 2016 Page 40
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922017 Form 1040A—Lines 32 Through 35
is eligible for the credit; $25,000 or more if married filing
Line 34
jointly and both spouses are eligible; $12,500 or more if mar-
ried filing separately and you lived apart from your spouse all
Retirement Savings Contributions Credit (Saver's
year), or
Credit)
2. You received one or more of the following benefits to-
You may be able to take this credit if you, or your spouse if fil-
taling $5,000 or more ($7,500 or more if married filing jointly
ing jointly, made (a) contributions, other than rollover contri-
and both spouses are eligible for the credit; $3,750 or more if
butions, to a traditional or Roth IRA (including a myRA); (b)
married filing separately and you lived apart from your spouse
elective deferrals to a 401(k) or 403(b) plan (including designa-
all year).
ted Roth contributions), or to a governmental 457, SEP, or
a. Nontaxable part of social security benefits.
SIMPLE plan; (c) voluntary employee contributions to a quali-
b. Nontaxable part of tier 1 railroad retirement benefits
fied retirement plan (including the federal Thrift Savings Plan);
treated as social security.
or (d) contributions to a 501(c)(18)(D) plan.
c. Nontaxable veterans' pensions (excluding military disa-
However, you can't take the credit if either of the following
applies.
bility pensions).
1. The amount on Form 1040A, line 22, is more than
d. Any other nontaxable pensions, annuities, or disability
income excluded from income under any provision of law oth-
$31,000 ($46,500 if head of household; $62,000 if married fil-
er than the Internal Revenue Code.
ing jointly).
2. The person(s) who made the qualified contribution or
For this purpose, don't include amounts treated as a return of
elective deferral (a) was born after January 1, 2000, (b) is
your cost of a pension or annuity. Also, don't include a disabili-
claimed as a dependent on someone else's 2017 tax return, or
ty annuity payable under section 808 of the Foreign Service
(c) was a student (defined next).
Act of 1980 or any pension, annuity, or similar allowance for
personal injuries or sickness resulting from active service in the
You were a student if during any part of 5 calendar months
armed forces of any country, the National Oceanic and Atmos-
of 2017 you:
pheric Administration, or the Public Health Service.
Were enrolled as a full-time student at a school, or
You must include Schedule R with your return to claim this
Took a full-time, on-farm training course given by a
credit.
school or a state, county, or local government agency.
See Schedule R and its instructions for details.
A school includes a technical, trade, or mechanical school.
It doesn't include an on-the-job training course, correspondence
Credit figured by the IRS. If you can take this credit and you
school, or school offering courses only through the Internet.
want us to figure it for you, see the Instructions for Schedule R.
You must include Form 8880 with your return to claim this
Line 33
credit.
For more details, use
Tax Topic 610
or see Form 8880.
Education Credits
Line 35
If you (or your dependent) paid qualified expenses in 2017 for
yourself, your spouse, or your dependent to enroll in or attend
Child Tax Credit
an eligible educational institution, you may be able to take an
education credit. See Form 8863 for details. However, you
Form 8862 required. If your 2016 child tax credit was de-
can't take an education credit if any of the following applies.
nied or reduced for any reason other than a math or clerical er-
You, or your spouse if filing jointly, are claimed as a de-
ror, you must attach a completed Form 8862 to your 2017 tax
pendent on someone else's (such as your parent's) 2017 tax re-
return to claim the credit in 2017. See Form 8862 and its in-
turn.
structions for details.
Your filing status is married filing separately.
If you take the child tax credit even though you aren't
The amount on Form 1040A, line 22, is $90,000 or more
!
eligible and it is determined that your error is due to
($180,000 or more if married filing jointly).
reckless or intentional disregard of the child tax credit
You, or your spouse, were a nonresident alien for any
CAUTION
rules, you won't be allowed to take the child tax credit or the
part of 2017 unless your filing status is married filing jointly.
additional child tax credit for 2 years even if you're otherwise
To find out which education benefits you qualify for, go to
eligible to do so. If you fraudulently take the child tax credit,
IRS.gov/EdCredit.
you won't be allowed to take either credit for 10 years. You al-
You must include Form 8863 with your return to claim this
so may have to pay penalties.
credit.
See Form 8863 and its instructions for details.
-40-
Need more information or forms? Visit IRS.gov.
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