IRS Tax Forms  
Publication 17 2001 Tax Year

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 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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