Contents
Important Change ..............................................
1
Introduction ........................................................
1
Can You Take the Credit? .................................
2
Qualified Individual ..........................................
2
Income Limits ...................................................
5
Figuring the Credit .............................................
5
Step 1. Determine Initial Amount ....................
6
Step 2. Total Certain Nontaxable Pensions and
Benefits .....................................................
6
Step 3. Determine Excess Adjusted Gross
Income ......................................................
6
Step 4. Determine Your Credit ........................
6
Credit Figured for You .....................................
7
Examples .........................................................
7
How To Get More Information ..........................
13
Index ....................................................................
14
Important Change
Photographs of missing children. The Internal Rev-
enue Service is a proud partner with the National Cen-
ter for Missing and Exploited Children. Photographs of
missing children selected by the Center may appear in
this publication on pages that would otherwise be blank.
You can help bring these children home by looking at
the
photographs
and
calling
1–800–THE–LOST
(1–800–843–5678) if you recognize a child.
Introduction
If you qualify, the law provides a number of credits that
can reduce the tax you owe for a year. One of these
credits is the credit for the elderly or the disabled.
This publication explains:
1) Who qualifies for the credit for the elderly or the
disabled, and
2) How to figure this credit.
The maximum credit available is $1,125. You may
be able to take this credit if you are age 65 or older,
or if you retired on permanent and total disability.
Useful Items
You may want to see:
Publication
554
Older Americans' Tax Guide
967
The IRS Will Figure Your Tax
Department of the Treasury
Internal Revenue Service
Publication 524
Cat. No. 15046S
Credit for
the Elderly or
the Disabled
For use in preparing
1999 Returns
