Credit for the Elderly or Disabled

The Credit is based on your age, filing status and income. You may be able to take the Credit if:

Age: You and/or your spouse are either 65 years or older;or under age 65 years old and are permanently and totally disabled.

You are considered to be age 65 on the day before your 65th birthday. Therefore, if you were born on January 1, 1944, you are considered to be age 65 at the end of 2008.

AND

Filing Status: Your income on Form 1040 line 28 is less than $17,500 (filing single), $20,000 (married filing jointly and only one spouse qualifies), $25,000 (married filing jointly and both qualify), or $12,500 (married filing separately and lived apart from your spouse for the entire year).

And, the non-taxable part of your Social Security or other nontaxable pensions, annuities or disability income is less than $5,000 (filing single), $5,000 (married filing jointly and only one spouse qualifies), $7,500 (married filing jointly and both qualify), or $3,750 (married filing separately and lived apart from your spouse the entire year).