Alexandra W.
Just trying to spread awareness of the most awesome tax credit. The retirement savers' credit (Form 8880) is amazing. Look at it this way - almost all deductions and credits require you to spend something (child care expenses, mortgage/student loan interest, home energy upgrades, etc). The retirement saver's credit DOESN'T. It is based on how much money you deposit into a qualified retirement account. Even money you're having deducted from a paycheck to a 401k or 403b counts - and hopefully you're already doing that anyway!! The money is still yours, and you're getting a tax credit on top of it!
The credit amount is based on the amount you deposit, and the percent you get back depends on your filing status and AGI. Keep in mind, as well, you can still make a '2022 contribution' to an IRA (or Roth) to increase your credit (the cutoff is generally the tax filing deadline). If you're hovering near an AGI cutoff, a traditional IRA contribution may pull you below it, qualifying you for credit you couldn't get before.
Obviously, consult a tax pro (I'm not one) for how it applies to your personal situation, but I LOVE this credit, and wish more people knew about it. It's like getting an instant return on investment far above any stock market return. Pay your future self, and get something back to use now too.