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Your Federal Income Tax

Introduction

This is archived information that pertains only to the 2001 Tax Year. If you
are looking for information for the current tax year, go to the Tax Prep Help Area.

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 chapter explains:

  • Who qualifies for the credit for the elderly or the disabled, and
  • 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
  • Retired on permanent and total disability.

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