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Having a Disability Tax Credit Certificate can reduce the tax burden of disabled taxpayers. The tax credit for the Disability Amount can be claimed retroactively for up to ten years. The Disability Amount is a credit that reduces the taxes payable by people with severe and prolonged impairments in physical and mental functions. According to the Canada Revenue Agency, the disability amount provides relief from unavoidable expenses which impaired taxpayers face. The types of impairment generally admissible for the DTC are those related to speech, hearing, vision and mobility, as well as the mental functions necessary for everyday life. While filling out the DTC Certificate, your doctor will indicate when you became markedly restricted in your daily activities.
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Determine if you are eligible to receive a tax-free benefit for families caring for a child with a disability, learn how the benefit is calculated, and obtain the forms necessary to apply. Apply for a refund for some of the gas you buy if you have a mobility impairment that prevents the use of public transportation. Apply for this monthly payment if you receive Canada Pension Plan disability benefits and have eligible dependent children under the age of 25 in your care and custody. Information about how the Government can help you save by contributing to your Registered Disability Savings Plan. A tax-free cash award for injured Canadian Forces members or Veterans with an injury or illness resulting from military service.
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