Credit for the Elderly

[Snaggletooth]

How many of you find opportunities to take advantage of the "Credit for the Elderly" (Schedule R)?

[David1980]

There's a credit for the elderly or disabled?

[LawrenceGR]

I try it

but I don't think I have ever had one work out.

[Oxtrainer]

Elderly Tax Credit

In the last 11 years I know of 1 (one) that actually went through. Possibly there have
been more but I have not seen them. Some bloated up politician probably could tell
us about the wonderful thing he has done for the elderly with this exciting credit.

[Larmil]

In the last 11 years I know of 1 (one) that actually went through. Possibly there have
been more but I have not seen them. Some bloated up politician probably could tell
us about the wonderful thing he has done for the elderly with this exciting credit.

I think of Sched R like I do the $255 Soc Sec death benefit - from the 1950's.

[Chief]

Credit for the Elderly

Snag, one thing I've learned about this credit is to be sure and always enter the social security on the 1040. Of all the seniors I worked with there has been only one eligible to claim it. I don't remember why. It is a credit that is used rarely.

[dkss]

elderly credit

in ten years I have not had one work.

[Redneck]

One client

Only one client in my 32 years doing this, because she had a state pension and never paid in to SS. She still does not receive SS. She is 88 years young.