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Category: Social Security

taxes for the elderly

Elderly Taxes, Credits & Social Security

Senior citizens over age 65 who are retired due to a disability may qualify for a separate tax credit designed to help the seniors and disabled. The tax credit for the elderly and disabled is also available to persons who…
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Definition of Disability

The Americans with Disabilities Act; Definition of Disability

The ADA defines a disability as “a physical or mental impairment that substantially limits one or more major life activities,” preventing the person from performing the basic activities of daily living (ADLs), getting around at home and outside, and participating…
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do elderly pay taxes

Do You Pay Taxes after 70 Years Old?

Do You Pay Taxes After 70 Years Old? Do 80 Years Old Pay Taxes? If you are older than 65 with an income of more than $11,850 and live without dependents, you must file an income tax return. Income tax…
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Tax Credit Refundable

Is the Elderly Tax Credit Refundable?

The senior tax credit for the elderly and disabled is non-refundable. This means that you cannot receive a credit larger than the remaining taxes you owe. The tax credit for the elderly and disabled applies to the taxes you owe.…
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Who Qualifies for Elderly Tax Credit?

Who Qualifies for Elderly Tax Credit?

Only persons who meet specific criteria can claim the elderly tax credit. You need to be elderly – at least 65 years of age by the end of the tax year. If you are disabled, you must be retired to…
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