IRS: Tips for Seniors in Preparing and Filing Taxes

The 2017 tax filing due date is coming up! According to the IRS April 18, a Tuesday, is the tax deadline this year. There is no more room for delays or procrastination.

The IRS has a great page on their website to help you navigate through some of your tax questions.

To  help seniors avoid common filing mistakes the IRS website provides some direction. The site discusses dealing with the standard deduction for seniors, the taxable amount of Social Security benefits, and the Credit for the Elderly and Disabled. In addition, there are links that help you obtain free tax assistance.

Please see for more information.

Standard Deduction for Seniors
If you do not itemize your deductions, you can get a higher standard deduction amount if you and/or your spouse are 65 years old or older. You can get an even higher standard deduction amount if either you or your spouse is blind. (See Form 1040 and Form 1040A instructions.)

Taxable Amount of Social Security Benefits
When preparing your return, be especially careful when you calculate the taxable amount of your Social Security. Use the Social Security benefits worksheet found in the instructions for IRS Form 1040 and Form 1040A, and then double-check it before you fill out your tax return. See Publication 915, Social Security and Equivalent Railroad Retirement Benefits.

Credit for the Elderly or Disabled
You must file using Form 1040 or Form 1040A to receive the Credit for the Elderly or Disabled. You cannot get the Credit for the Elderly or Disabled if you file using Form 1040EZ. Be sure to apply for the Credit if you qualify; please read below for details.

Who Can Take the Credit: The Credit is based on your age, filing status and income.

Calculating the Credit: Use Schedule R (Form 1040 or 1040A), Credit for the Elderly or Disabled, to figure the amount of the credit.  See the instructions for Schedule R (Forms 1040 or 1040A) if you want the IRS to figure this credit for you.

Also see Publications 524 (Credit for the Elderly or Disabled); and 554 (Tax Guide for Seniors).

Looking for free tax assistance?

Free IRS Tax Return Preparation –  IRS-sponsored volunteer tax assistance programs offer free tax help to seniors and to low- to moderate-income people who cannot prepare their own tax returns.

Other Helpful Publications
Publication 907, Tax Highlights for Persons with Disabilities
Publication 17, Your Federal Income Tax
Publication 3966, Living and Working with Disabilities

Please see for more information.

Get your taxes filed properly and on time!