Credit for Qualified Retirement Savings Contributions

• Legal Form Number: 8880
• Year: 2025
• Issuer: Treasury Department
• Section: Treasury Department

Form 8880

Department of the Treasury

Internal Revenue Service

Credit for Qualified Retirement Savings Contributions

Attach to Form 1040, 1040-SR, or 1040-NR.

Go to www.irs.gov/Form8880 for the latest information.

OMB No. 1545-0074

2023

Attachment

Sequence No. 54

Name(s) shown on return Your social security number

▲

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CAUTION

You cannot take this credit if either of the following applies.

• The amount on Form 1040, 1040-SR, or 1040-NR, line 11, is more than $36,500 ($54,750 if head of household; $73,000 if

married filing jointly).

• The person(s) who made the qualified contribution or elective deferral (a) was born after January 1, 2006; (b) is claimed as a

dependent on someone else’s 2023 tax return; or (c) was a student (see instructions).

(a) You (b) Your spouse

1

Traditional and Roth IRA contributions, and ABLE account contributions

by the

designated beneficiary for 2023. Do not include rollover contributions . . . . . 1

2Elective deferrals to a 401(k) or other qualified employer plan, voluntary employee

contributions, and 501(c)(18)(D) plan contributions for 2023 (see instructions) . . 2

3 Add lines 1 and 2 ...................... 3

4Certain distributions received after 2020 and before the due date (including

extensions) of your 2023 tax return (see instructions). If married filing jointly, include

both spouses’ amounts in both columns. See instructions for an exception . . . 4

5 Subtract line 4 from line 3. If zero or less, enter -0- . . . . . . . . . . . 5

6 In each column, enter the smaller of line 5 or $2,000 . . . . . . . . . . 6

7Add the amounts on line 6. If zero, stop; you can’t take this credit . . . . . . . . . . . . 7

8 Enter the amount from Form 1040, 1040-SR, or 1040-NR, line 11* . . . . 8

9 Enter the applicable decimal amount from the table below.

If line 8 is—

Over— But not

over—

And your filing status is—

Married

filing jointly

Head of

household

Enter on line 9—

Single, Married filing

separately, or

Qualifying surviving spouse

--- $21,750 0.5 0.5 0.5

$21,750 $23,750 0.5 0.5 0.2

$23,750 $32,625 0.5 0.5 0.1

$32,625 $35,625 0.5 0.2 0.1

$35,625 $36,500 0.5 0.1 0.1

$36,500 $43,500 0.5 0.1 0.0

$43,500 $47,500 0.2 0.1 0.0

$47,500 $54,750 0.1 0.1 0.0

$54,750 $73,000 0.1 0.0 0.0

$73,000 --- 0.0 0.0 0.0

Note: If line 9 is zero, stop; you can’t take this credit.

9 x 0 .

10 Multiply line 7 by line 9 . . . . . . . . . . . . . . . . . . . . . . . . . . 10

11 Limitation based on tax liability. Enter the amount from the Credit Limit Worksheet in the instructions 11

12 Credit for qualified retirement savings contributions. Enter the smaller of line 10 or line 11 here

and on Schedule 3 (Form 1040), line 4 . . . . . . . . . . . . . . . . . . . . . 12

* See Pub. 590-A for the amount to enter if you claim any exclusion or deduction for foreign earned income, foreign housing, or income from

Puerto Rico or for bona fide residents of American Samoa.

For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 33394D Form 8880 (2023)