Is the Elderly or Disabled Credit ONLY for filers who turned 65 in 2024, not for filers who turned 65 in a prior year? Did I claim it in any prior applicable year?

Forum|Forum|1 year ago
January 12, 2025
2 replies
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I was 67 in 2024 and disabled as of 2001, but the help section for that credit seems to be saying I'm not eligible for the credit in 2024, is that correct? I don't recall ever having heard of this credit before, so probably haven't claimed it in any past year.

Best answer by VolvoGirl

There is a credit for the elderly or disabled (you don't have to be both). But because it has not been adjusted for inflation since 1983, very very few people qualify. If you qualify, TurboTax (TT) will automatically calculate it. It goes on Schedule 3, line 6d, which goes to 1040 line 20. It is not a refundable credit. That is, you must have a tax liability to offset to get the credit. Very few people, with that little income have an actual tax to offset.

If you think you qualify, and TT missed it, In TurboTax (TT), enter at:

Federal Taxes Tab

Deductions & Credits

-Scroll down to:

--Other deductions & Credits

-Elderly or Disabled credit

See schedule R for detailed calculations.
https://www.irs.gov/pub/irs-pdf/f1040sr.pdf

IRS do you qualify for the Elderly or Disabled credit?

Do I qualify for the credit for the elderly or disabled? | Internal Revenue Service

VolvoGirlAnswer

Employee

If you think you qualify, and TT missed it, In TurboTax (TT), enter at:

Federal Taxes Tab

Deductions & Credits

-Scroll down to:

--Other deductions & Credits

-Elderly or Disabled credit

See schedule R for detailed calculations.
https://www.irs.gov/pub/irs-pdf/f1040sr.pdf

IRS do you qualify for the Elderly or Disabled credit?

Do I qualify for the credit for the elderly or disabled? | Internal Revenue Service

alyssamarienAuthor

Thank you, very helpful answer! And now that I know I'm not one of the very very few, I can rest easy; I didn't miss a credit. : }

xmasbaby0

Employee

As explained in your other thread, Congress has not updated or increased that credit since the 1980's. VERY few people are eligible for the credit. Use the interactive tool to see if you qualify.

ELDERLY OR DISABLED CREDIT https://www.irs.gov/help/ita/do-i-qualify-for-the-credit-for-the-elderly-or-disabled

And....if you qualified in a past year, the TT software would have calculated the credit automatically.

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**