Introduction If you qualify, you may be able to reduce the tax you owe by taking the credit for the elderly or the disabled. This publication explains: • Who qualifies for the credit for the elderly or the disabled, and • How to figure the credit. 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 2015, or • You retired on permanent and total disability and have taxable disability income.