Schedule R, Page 2
Summary: This is an example of Schedule R (Form 1040A or 1040) 2012, Page 2 with the following line items listed under
Part III: Figure Your Credit
completed:
10. If you checked (in Part I): Enter:
field contains 7,50011. If you checked (in Part I):
field contains 7,90012. If you completed line 11, enter the smaller of line 10 or line 11; all others, enter the amount from line
10
field contains 7,50013a. Nontaxable part of social security benefits and Nontaxable part of railroad retirement benefits treated as social security. See page
R-3.
field contains 2,75013c. Add lines 13a and 13b. (even though these income items are not taxable, they must be included here to figure your credit.) If you did not receive any of the types of nontaxable income listed on line 13a or 13b, enter 0 on line
13c.
field contains 2,75014. Enter the amount from Form 1040, line 38
field contains 19,15015. If you checked (in Part I): Enter:
field contains 10,00016. Subtract line 15 from line 14. If zero or less, enter 0
field contains 9,15017. Enter one-half of line 16
field contains 4,57518. Add lines 13c and 17
field contains 7,37519. Subtract line 18 from line 12. If zero or less, stop; you cannot take the credit. Otherwise, go to line
20
field contains 12520. Multiply line 19 by 15% (.15)
field contains 1921. Tax liability limit. Enter the amount from the Credit Limit Worksheet on page R-3 of the
instructions
field contains 1622. Credit for the elderly or the disabled. Enter the smaller of line 20 or line 21. Also enter this amount on Form 1040A, line 30, or include on Form 1040, line 53 (check box c and enter Sch R in the space next to that
line
field contains 16
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