Get Your Tax Refund
File your Federal Taxes for
Free with TurboTax Federal FREE Edition
FREE to Prepare + FREE to Print + FREE to E-file
- Get your maximum refund*
- 100% accurate calculations guaranteed*
TurboTax Federal Free Edition - File Taxes Online
Don't let filing your taxes get you down! We'll help make it as easy as possible. With e-file and direct deposit, there's no faster way to get your refund!
Approved TurboTax Affiliate Site. TurboTax and TurboTax Online, among others, are registered trademarks and/or service marks of Intuit Inc. in the United States and other countries. Other parties' trademarks or service marks are the property of the respective owners.
Form1040xFile Free 1040ezFree State Efiling1040nr Form 2013How To Do Military TaxesFile State Taxes Only040ez2010 Tax Forms 1040ezTax Act Online 20122008 TurbotaxI Need To Efile My 2011 TaxesSenior TaxesEz Form OnlineFile Past Taxes OnlineHow To File 2006 Taxes Online Free1040 Ez 2012 FormHow To File For 2010 TaxesTax Act Online 2012 LoginFile State And Federal Taxes Online FreeIrs Form 1040 Ez InstructionsH&r Block Tax FreeHow To File 2012 Tax Return In 2014Fed Tax Form 1040xIrs Gov 1040ezFree 1040ez OnlineCan I Efile A 2012 Tax ReturnMyfreetaxes Com RochestercashHow To File An Amended Tax Return For 2010File State Tax Return Free OnlineE File State Taxes Free1040x Turbo TaxFile Corporate Tax Extension OnlineHow Do I File A Tax Extension For FreeState Income Tax Form 500ez2012 Free1040x File OnlineForm10401040ez Tax Forms 20132011 Tax Forms 1040 InstructionsI Need To File 2010 TaxesAmendment FormHow To File An Amended Tax Return For 2013
Form1040xForm1040x 33. Form1040x Credit for the Elderly or the Disabled Table of Contents Introduction Useful Items - You may want to see: Are You Eligible for the Credit?Qualified Individual Income Limits How to Claim the CreditCredit Figured for You Credit Figured by You Introduction If you qualify, you may be able to reduce the tax you owe by taking the credit for the elderly or the disabled which is figured on Schedule R (Form 1040A or 1040). Form1040x This chapter explains the following. Form1040x Who qualifies for the credit for the elderly or the disabled. Form1040x How to claim the credit. Form1040x You may be able to take the credit for the elderly or the disabled if: You are age 65 or older at the end of 2013, or You retired on permanent and total disability and have taxable disability income. Form1040x Useful Items - You may want to see: Publication 524 Credit for the Elderly or the Disabled 554 Tax Guide for Seniors Form (and Instruction) Schedule R (Form 1040A or 1040) Credit for the Elderly or the Disabled Are You Eligible for the Credit? You can take the credit for the elderly or the disabled if you meet both of the following requirements. Form1040x You are a qualified individual. Form1040x Your income is not more than certain limits. Form1040x You can use Figure 33-A and Table 33-1 as guides to see if you are eligible for the credit. Form1040x Use Figure 33-A first to see if you are a qualified individual. Form1040x If you are, go to Table 33-1 to make sure your income is not too high to take the credit. Form1040x You can take the credit only if you file Form 1040 or Form 1040A. Form1040x You cannot take the credit if you file Form 1040EZ. Form1040x Qualified Individual You are a qualified individual for this credit if you are a U. Form1040x S. Form1040x citizen or resident alien, and either of the following applies. Form1040x You were age 65 or older at the end of 2013. Form1040x You were under age 65 at the end of 2013 and all three of the following statements are true. Form1040x You retired on permanent and total disability (explained later). Form1040x You received taxable disability income for 2013. Form1040x On January 1, 2013, you had not reached mandatory retirement age (defined later under Disability income ). Form1040x Age 65. Form1040x You are considered to be age 65 on the day before your 65th birthday. Form1040x Therefore, if you were born on January 1, 1949, you are considered to be age 65 at the end of 2013. Form1040x U. Form1040x S. Form1040x Citizen or Resident Alien You must be a U. Form1040x S. Form1040x citizen or resident alien (or be treated as a resident alien) to take the credit. Form1040x Generally, you cannot take the credit if you were a nonresident alien at any time during the tax year. Form1040x Exceptions. Form1040x You may be able to take the credit if you are a nonresident alien who is married to a U. Form1040x S. Form1040x citizen or resident alien at the end of the tax year and you and your spouse choose to treat you as a U. Form1040x S. Form1040x resident alien. Form1040x If you make that choice, both you and your spouse are taxed on your worldwide incomes. Form1040x If you were a nonresident alien at the beginning of the year and a resident alien at the end of the year, and you were married to a U. Form1040x S. Form1040x citizen or resident alien at the end of the year, you may be able to choose to be treated as a U. Form1040x S. Form1040x resident alien for the entire year. Form1040x In that case, you may be allowed to take the credit. Form1040x For information on these choices, see chapter 1 of Publication 519, U. Form1040x S. Form1040x Tax Guide for Aliens. Form1040x Married Persons Generally, if you are married at the end of the tax year, you and your spouse must file a joint return to take the credit. Form1040x However, if you and your spouse did not live in the same household at any time during the tax year, you can file either a joint return or separate returns and still take the credit. Form1040x Head of household. Form1040x You can file as head of household and qualify to take the credit, even if your spouse lived with you during the first 6 months of the year, if you meet certain tests. Form1040x See Head of Household in chapter 2 for the tests you must meet. Form1040x Under Age 65 If you are under age 65 at the end of 2013, you can qualify for the credit only if you are retired on permanent and total disability (discussed next) and have taxable disability income (discussed later under Disability income ). Form1040x You are retired on permanent and total disability if: You were permanently and totally disabled when you retired, and You retired on disability before the close of the tax year. Form1040x Even if you do not retire formally, you may be considered retired on disability when you have stopped working because of your disability. Form1040x If you retired on disability before 1977, and were not permanently and totally disabled at the time, you can qualify for the credit if you were permanently and totally disabled on January 1, 1976, or January 1, 1977. Form1040x Permanent and total disability. Form1040x You are permanently and totally disabled if you cannot engage in any substantial gainful activity because of your physical or mental condition. Form1040x A qualified physician must certify that the condition has lasted or can be expected to last continuously for 12 months or more, or that the condition can be expected to result in death. Form1040x See Physician's statement , later. Form1040x Substantial gainful activity. Form1040x Substantial gainful activity is the performance of significant duties over a reasonable period of time while working for pay or profit, or in work generally done for pay or profit. Form1040x Full-time work (or part-time work done at your employer's convenience) in a competitive work situation for at least the minimum wage conclusively shows that you are able to engage in substantial gainful activity. Form1040x Substantial gainful activity is not work you do to take care of yourself or your home. Form1040x It is not unpaid work on hobbies, institutional therapy or training, school attendance, clubs, social programs, and similar activities. Form1040x However, doing this kind of work may show that you are able to engage in substantial gainful activity. Form1040x The fact that you have not worked for some time is not, of itself, conclusive evidence that you cannot engage in substantial gainful activity. Form1040x Sheltered employment. Form1040x Certain work offered at qualified locations to physically or mentally impaired persons is considered sheltered employment. Form1040x These qualified locations are in sheltered workshops, hospitals, and similar institutions, homebound programs, and Department of Veterans Affairs (VA) sponsored homes. Form1040x Compared to commercial employment, pay is lower for sheltered employment. Form1040x Therefore, one usually does not look for sheltered employment if he or she can get other employment. Form1040x The fact that one has accepted sheltered employment is not proof of the person's ability to engage in substantial gainful activity. Form1040x Physician's statement. Form1040x If you are under age 65, you must have your physician complete a statement certifying that you were permanently and totally disabled on the date you retired. Form1040x You can use the statement in the Instructions for Schedule R. Form1040x Figure 33-A. Form1040x Are You a Qualified Individual? This image is too large to be displayed in the current screen. Form1040x Please click the link to view the image. Form1040x Figure 33-A Are You a Qualified Individual? You do not have to file this statement with your Form 1040 or Form 1040A, but you must keep it for your records. Form1040x Veterans. Form1040x If the Department of Veterans Affairs (VA) certifies that you are permanently and totally disabled, you can substitute VA Form 21-0172, Certification of Permanent and Total Disability, for the physician's statement you are required to keep. Form1040x VA Form 21-0172 must be signed by a person authorized by the VA to do so. Form1040x You can get this form from your local VA regional office. Form1040x Physician's statement obtained in earlier year. Form1040x If you got a physician's statement in an earlier year and, due to your continued disabled condition, you were unable to engage in any substantial gainful activity during 2013, you may not need to get another physician's statement for 2013. Form1040x For a detailed explanation of the conditions you must meet, see the instructions for Schedule R, Part II. Form1040x If you meet the required conditions, check the box on your Schedule R, Part II, line 2. Form1040x If you checked box 4, 5, or 6 in Part I of Schedule R, enter in the space above the box on line 2 in Part II the first name(s) of the spouse(s) for whom the box is checked. Form1040x Table 33-1. Form1040x Income Limits IF your filing status is . Form1040x . Form1040x . Form1040x THEN, even if you qualify (see Figure 33-A ), you CANNOT take the credit if. Form1040x . Form1040x . Form1040x Your adjusted gross income (AGI)* is equal to or more than. Form1040x . Form1040x . Form1040x OR the total of your nontaxable social security and other nontaxable pension(s), annuities, or disability income is equal to or more than. Form1040x . Form1040x . Form1040x single, head of household, or qualifying widow(er) with dependent child $17,500 $5,000 married filing jointly and only one spouse qualifies in Figure 33-A $20,000 $5,000 married filing jointly and both spouses qualify in Figure 33-A $25,000 $7,500 married filing separately and you lived apart from your spouse for all of 2013 $12,500 $3,750 * AGI is the amount on Form 1040A, line 22, or Form 1040, line 38. Form1040x Disability income. Form1040x If you are under age 65, you must also have taxable disability income to qualify for the credit. Form1040x Disability income must meet both of the following requirements. Form1040x It must be paid under your employer's accident or health plan or pension plan. Form1040x It must be included in your income as wages (or payments instead of wages) for the time you are absent from work because of permanent and total disability. Form1040x Payments that are not disability income. Form1040x Any payment you receive from a plan that does not provide for disability retirement is not disability income. Form1040x Any lump-sum payment for accrued annual leave that you receive when you retire on disability is a salary payment and is not disability income. Form1040x For purposes of the credit for the elderly or the disabled, disability income does not include amounts you receive after you reach mandatory retirement age. Form1040x Mandatory retirement age is the age set by your employer at which you would have had to retire, had you not become disabled. Form1040x Income Limits To determine if you can claim the credit, you must consider two income limits. Form1040x The first limit is the amount of your adjusted gross income (AGI). Form1040x The second limit is the amount of nontaxable social security and other nontaxable pensions, annuities, or disability income you received. Form1040x The limits are shown in Table 33-1. Form1040x If your AGI and nontaxable pensions, annuities, or disability income are less than the income limits, you may be able to claim the credit. Form1040x See How to Claim the Credit , later. Form1040x If either your AGI or your nontaxable pensions, annuities, or disability income are equal to or more than the income limits, you cannot take the credit. Form1040x How to Claim the Credit You can figure the credit yourself or the Internal Revenue Service will figure it for you. Form1040x Credit Figured for You If you choose to have the IRS figure the credit for you, read the following discussion for the form you will file (Form 1040 or 1040A). Form1040x If you want the IRS to figure your tax, see chapter 30. Form1040x Form 1040. Form1040x If you want the IRS to figure your credit, see Form 1040 Line Entries under Tax Figured by IRS in chapter 30. Form1040x Form 1040A. Form1040x If you want the IRS to figure your credit, see Form 1040A Line Entries under Tax Figured by IRS in chapter 30. Form1040x Credit Figured by You If you choose to figure the credit yourself, fill out the front of Schedule R. Form1040x Next, fill out Schedule R, Part III. Form1040x If you file Form 1040A, enter the amount from Schedule R, line 22, on Form 1040A, line 30. Form1040x If you file Form 1040, include the amount from Schedule R, line 22, on line 53; check box c, and enter “Sch R” on the line next to that box. Form1040x For a step-by-step discussion about filling out Part III of Schedule R, see Figuring the Credit Yourself in Publication 524. Form1040x Limit on credit. Form1040x The amount of the credit you can claim is generally limited to the amount of your tax. Form1040x Use the Credit Limit Worksheet in the Instructions for Schedule R to determine if your credit is limited. Form1040x Prev Up Next Home More Online Publications
Mortgages for Home Buyers and Homeowners
Find mortgage programs and resources to get and manage a mortgage.
Finding a mortgage is one of the first steps involved in buying a home. The Department of Housing and Urban Development (HUD) is the nation's housing agency. They have a helpful list of 9 steps to buying a home, which includes figuring out how much you can afford, knowing your rights, shopping for a loan, making an offer, getting a home inspection, and much more.
On This Page
Shop for a Loan
One of the first steps you'll take in buying a home is shopping for a loan. Learn about common types of home mortgages. There are many sites that can help you find a housing loan:
- Federal Housing Administration (FHA)
- Veterans Loans
- Energy Efficient Mortgage (EEM)
- Public and Indian Housing
- Rural Americans Housing Assistance
Home Buying Programs
There are many home buying programs to help you:
- Home Buying Programs in Your State – Find state or local government home buying programs in your state.
- Good Neighbor Next Door – If you're a law enforcement officer, pre-kindergarten through 12th grade teacher, or a firefighter/emergency medical technician, this program allows you to become a homeowner. If approved, you'll receive a 50% discount off the list price of a home, on the condition that you commit to live in the property as a sole residence for 36 months.
- Local Public Housing Agency – This program helps public housing residents own a home by converting rent into a mortgage payment.
Use these calculators to estimate your potential mortgage and costs.
Consider refinancing your mortgage if you can get a rate that is at least one percentage point lower than your existing rate and if you plan to keep the new mortgage for several years. Learn more about refinancing your mortgage.
Mortgage Payment Assistance
- Making Home Affordable – The Department of Treasury and HUD can help struggling homeowners get mortgage relief through a variety of programs.
- Housing Counseling Agencies – HUD helps these agencies provide homeowners with free or low-cost advice on home related issues.
- Reverse Mortgages – HUD provides answers to frequently asked questions about reverse mortgages.