Tax Credit for Elderly and Disabled

You may be able to take the credit for the elderly or the disabled if:

• You are age 65 or older, or
• You retired on permanent and total disability and have taxable disability income.

 You are retired on permanent and total disability if you were 1) permanently and totally disabled when you retired, and 2) you retired on disability before the end of the tax year.  You are permanently and totally disabled if you cannot engage in substantial activity because of your physical and mental condition. 

 To determine if you can claim the credit, you must consider two income limits. The first limit is the amount of your adjusted gross income (AGI). The second limit is the amount of nontaxable social security and other nontaxable pensions you received.

 You cannot take the credit if your…