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Income Tax Planning
Chapter 9: Tax Credits/CREDIT FOR ELDERLY AND DISABLED
Warren Academy Course SyllabusSyllabus Slides
Chapter Study Session

Chapter 9: Tax Credits

CREDIT FOR ELDERLY AND DISABLED

01.Core Concepts

General Qualifications • Age 65 or older, or • Under age 65 and permanently and totally disabled Credit Amount • Calculated on Schedule R • Amount reduced for taxpayers with Social Security benefits or AGI in excess of specified amounts • IRS will figure for taxpayer if necessary