Yes, assuming she satisfies the other requirements (mainly not being a full time student for five or more calendar months or claimed as a dependent).
The saver’s credit is one of the few pieces of the tax code (that individuals might see at least) that can be gamed like this because it doesn’t have a continuous phaseout.
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Yes, assuming she satisfies the other requirements (mainly not being a full time student for five or more calendar months or claimed as a dependent).
The saver’s credit is one of the few pieces of the tax code (that individuals might see at least) that can be gamed like this because it doesn’t have a continuous phaseout.