What TAX CREDIT FOR THE ELDERLY OR THE DISABLED means: Eligible taxpayers 65 years old and older, and those under 65 retired on a permanent and total disability, may claim the credit. The amount of the credit, if any, is computed on Schedule R, Form 1040, or Schedule 3, Form 1040A.
- Definition Tax Bracket:
- Dictionary The rate at which income at a particular level is taxed tax credit for the elderly or the disabled definition.
- Definition Trust:
- Dictionary created by a trust agreement. This entity distributes all or part of its income to beneficiaries as instructed by the trust agreement. This entity is required to pay taxes on undistributed income tax credit for the elderly or the disabled explain.
- Definition Tenancy By The Entireties:
- Dictionary entirties is a form of joint ownership that can be used only by a husband and wife. When one spouse dies, the other automatically becomes the owner of the entire property. Also see "Joint tax credit for the elderly or the disabled what is.
- Definition Trade-In Allowance:
- Dictionary The amount by which the seller reduces the sale price of a property in return for the property of the buyer. This does not affect the buyer's basis in the property purchased tax credit for the elderly or the disabled meaning.
How works Tax Credit for the Elderly or meaning in Tax definitions T .
