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

Miscellaneous Credits Workout

Skills Workout

Certification Warm Up: Drill & Practice

  1. True or False? Jason is 22 and earned $40,000 during the year. He is single and contributed $3,000 to his 401(k) plan at work. Jason is eligible for qualified retirement savings contributions.
  2. True or False? Taxpayers may be able to take the credit for the elderly or the disabled if they are:
    • Under age 65 at the end of the tax year
    • Retired on permanent and total disability
    • Under the mandatory retirement age on January 1 of the tax year, and
    • Receiving taxable disability income
Publication 4012, Retirement Savings Contribution Credit, Credit for the Elderly or the Disabled – Screening Sheets

Publication 4012, Retirement Savings Contribution Credit, Credit for the Elderly or the Disabled – Screening Sheets