Business, Legal & Accounting Glossary
Credit for the Elderly or the Disabled. This form is used to figure the tax credit for qualifying taxpayers who are elderly or disabled. In order to qualify for the tax credit, the taxpayer must be age 65 or older, or be retired on permanent and total disability and have taxable disability income. This form is referred to as Schedule R.
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Definitions for 1040 Form Schedule R are sourced/syndicated and enhanced from:
This glossary post was last updated: 13th November, 2021 | 0 Views.