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What is IRS Form 1040 Schedule R?

Written by John Kirkland | Jan 01, 2018

Understanding the purpose of a tax form or schedule is never a pleasant experience. That's why we created a comprehensive tax form library, showcasing the most frequently used tax forms and schedules you may encounter. We believe the process of staying compliant with your taxes should be as effortless as possible.

General Information

  • What is the form number?  Form 1040 Schedule R
  • What government agency is it filed with?  The Internal Revenue Service (IRS)
  • What is the form name?  Credit for the Elderly or the Disabled
  • What is this form about?  Form 1040 Schedule R is designed to help eligible individuals calculate the Credit for the Elderly or the Disabled. This credit provides financial relief for older taxpayers or those who are permanently and totally disabled. To claim this credit, individuals must meet specific age or disability criteria and fall within certain income limits. The form provides a structured way to determine eligibility and calculate the amount of the credit.

What does it look like?

Resources

Looking for more information about this form?  Here are some helpful resources:

How can we help you today?

Looking for more information about this or other tax forms?  The tax team at DiMercurio Advisors are tax compliance experts.  We are passionate about ensuring you are well-informed and in control of your tax situation.