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Is there a credit for being 70 years of age?

Is there an elderly tax credit? Specifically for someone 70 1/2 years old?

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5 Replies

Is there a credit for being 70 years of age?

Are you asking about a retirement plan Required Minimum Distribution at age 70.5?
JohnW15
Intuit Alumni

Is there a credit for being 70 years of age?

There is a credit for the elderly, the "Credit for the Elderly or the Disabled," but the eligibility requirements are rather strict.  When entering your personal and tax data into TurboTax, the program will determine if you're eligible, but please see TurboTax's Guide to Schedule R: Tax Credit for Elderly or Disabled for more information about eligibility.

Is there a credit for being 70 years of age?

Some states have their own deductions/credits.
kbruce5634
Returning Member

Is there a credit for being 70 years of age?

Having a problem with schedule R

Is there a credit for being 70 years of age?

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