If you are married and are filing jointly, you may be eligible if your adjusted gross income is $76,500 or less. For the 2024 tax year, if your filing status is single, you may be eligible if your adjusted gross income is $38,250 or less.
The amount of the credit depends on your filing status and adjusted gross income. If you are not a full-time student and are not being claimed as a dependent, you may be eligible for a tax credit if you contribute to a retirement plan. Getting a sense of which credits and deductions you may be eligible for can help you pull together the proper documentation.
