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2023 Schedule R (Form 1040) You may be able to take this credit and reduce your tax if by the end of 2023: • You were age 65 or older or • You were under age 65, you retired on permanent and total disability, and you received taxable disability income. But you must also meet other tests. See instructions.
Use Schedule R (Form 1040) to figure the credit for the elderly or the disabled.
Information about Schedule R (Form 1040), Credit for the Elderly or the Disabled, including recent updates, related forms, and instructions on how to file.
The elderly or disabled may be able to reduce their federal taxes by completing Schedule R. Learn what the special tax credit is and who qualifies for it.
The Internal Revenue Service extends a special credit to older taxpayers called the Credit for the Elderly or the Disabled. This tax break allows individuals and couples to reduce the amount of their income tax by their allowable credit.
Eligible taxpayers use IRS Schedule R to calculate and tax a tax credit to help lower their tax liability when they file their IRS Form 1040. In this article, we’ll help you walk through Schedule R, including:
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