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 IRS Schedule R 1040 Form 2023

Irs Schedule R 2023-2025 Form

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Instructions and help about 2023 credit elderly

covering Schedule R for the IRS form 1040 uh this schedule helps you calculate the credit for the elderly or the disabled you attach Schedule R to your uh form 1040 or your form 1040 Sr uh when you file your tax return at the end of the year so before we get into the uh into the meat of this uh form we should probably talk about eligible taxpayers so you might be able to take this tax credit to reduce your tax liability if you were either age 65 or older by the end of the tax year or if you were under age 65 you had retired on permanent and total disability and you received taxable disability income so there are a couple of nuances with this so uh we'll get into those nuances as well as other tests that you must qualify in order to take this uh tax credit so uh the IRS considers a taxpayer to have been age 65 as of the day before your 65th birthday so if you for example if you were born on January 1st 1958 then in the tax year 2023 you would have been considered to be age 65 by

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