Tax Credit for the Elderly or Disabled [Individual]

This tax credit may be available to persons age 65 and over and to persons who retired on permanent and total disability. Eligibility for the credit based on disability is complicated. The person must have retired on disability prior to mandatory retirement age; the person must be receiving taxable disability income as from an employer disability insurance; and the person must not be able to engage in "substantial gainful activity." Working full or part time for minimum wage could exclude a person from eligibility for the credit. Only low income persons are eligible for the credit. For detailed information refer to IRS Publication 524 by following this link,

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