Each taxpayer is entitled to one tax credit for themselves and their spouse. You cannot claim the credit for your dependents. If you can answer "Yes" to the any of the following questions, you may be entitled to another tax credit:
- On January 1, 2020, were you or your spouse age 65 or over?
- On December 31, 2019, were you deaf?
- On December 31, 2019, were you blind?
Any taxpayer age 65 or over not claiming a retirement income exemption on Line 18 is eligible for an additional $26 (per taxpayer) tax credit. Check the box(es) marked “65 Special”.
You are allowed an additional $26 credit for each dependent listed on your return.
Arkansas allows you to claim $500 credit for dependents with developmental disabilities. Complete information in the State Section Basic Information Disabled Dependents AND State Section Subtractions From Income Disabled Individual Certificate to claim the credit.
Form AR1000RC5 must be completed every 5 years to determine eligibility. If you are claiming the credit for the first time, visit the Arkansas website to complete this form and attach it to your printed state return. Mail your return to the state.
Where to enter?
- State Section
- Basic Information
- Select from the drop-down, each personal credit that is applicable to you.