Who Qualifies for Elderly Tax Credit?
December 7, 2020
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 disability (permanently and completely disabled before you retire) and receive taxable disability income during the year.
- You must be a U.S. citizen or resident alien for tax purposes.
- You need to be younger than your employer’s mandatory retirement age before the beginning of the tax year.
- Married couples must file a Married Filing Joint return.
- If you are filing a joint tax return with your spouse, your partner must also meet the elderly tax qualifications.
- Couples who live together during the year but file separate returns do not qualify for the credit.
The IRS establishes income guidelines for each tax year.
Devoted Guardians companies have been committed to improving the lives of seniors since 2007. We are an in-home care provider of comprehensive home support services to help seniors and disabled individuals who need assistance with daily living. Our professional and compassionate caregivers can not only help ensure your loved one's daily needs are met, but can also arrange for a variety of other services, such as music therapy, hair styling, landscaping, and home repairs, that are simply not available at other home care agencies in Arizona. In short, Devoted Guardians can help your loved one remain as independent as possible for as long as possible.