502CR - Part M

PART M - SENIOR TAX CREDIT

A resident individual who is at least age 65 may claim a nonrefundable credit against the State income tax if the taxpayer's federal adjusted gross income does not exceed $100,000. The amount of the tax credit is equal to $1,000. For married filing jointly, qualifying widow(er), and head of household whose federal adjusted gross income does not exceed $150,000, the credit amount is $1,750 (reduced to $1,000 if only one spouse filing jointly is at least age 65).

Note: If eligible to claim this credit, the iFile application will automatically validate your entry amount based on the information you have provided in the application.

How is the 65 or older age validated by the application?
For the primary taxpayer, it checks the date of birth provided in the User Profile.
For the spouse taxpayer in married filing joint returns, it confirms if the 65 or over checkbox was selected for Spouse in the Exemptions page.

How is the federal adjusted gross income limitation verified by the application?
The iFile application checks the amount entered in line 1 in the Income page to see if it does not exceed $100,000 for filing statuses single, married filing separately, and dependent taxpayers; or $150,000 for married filing jointly, qualifying widow(er), and head of household.