Internal Revenue Service United States Department of the Treasury
Level Basic Advanced Military International

Miscellaneous Credits Workout

Credit for the Elderly or the Disabled

Determining the Amount of the Credit

Calculate the credit for the elderly or the disabled on Schedule R, Credit for the Elderly or the Disabled, and report the amount in Form 1040, Tax and Credits section.

Schedule R has three parts:

  • Part I, Filing Status and Age
  • Part II, Statement of Permanent and Total Disability, which ensures that
  • Part III, Figure Your Credit

Since the tax software automatically calculates the credit for the elderly or the disabled, all social security and railroad retirement benefits must be entered on the worksheet for social security benefits. Amounts must be entered even if no social security is taxable.

Tax software hint.

The tax software uses the data from the Main Information Screen and income amounts entered on the return to determine whether the taxpayer is eligible for the credit, complete most of Schedule R, and transfer the credit amount to the appropriate line of the Form 1040. Go to the Volunteer Resource Guide Nonrefundable Credits tab, for software entries.