What is the Disability Tax Credit?
The disability tax credit (DTC) is a non-refundable tax credit that helps Canadian tax payers with restrictions or their supporting persons reduce the amount of income tax they may have to pay yearly. An individual may claim the credit once they are approved for the disability tax credit. This credit also includes a supplement to the Canada child benefit for persons under 18 years of age at the end of each year.
The disability tax credit exists to provide extra financial support through your paid income tax to allow some relief for the costs associated with having a restriction.
Once you are approved, the disability tax credit can also open doors to other federal, provincial, or territorial programs such as the registered disability savings plan, the Canada workers benefit, and the child disability benefit.
Statistics Canada has determined that approximately 1 out of 6 Canadians are living with a restriction/ disability.
Is the disability tax credit retroactive?
Yes it is.
Canada Revenue Agency’s taxpayer relief program can allow a claim to go back 10 calendar years.
You can also apply for a deceased family member.
Am I eligible for the disability tax credit?
Canadians living with a minimum of 1 restriction in the following categories, that is significant or marked, and has lasted a minimum of 12 months should apply.
Walking
Dressing
Hearing
Speaking
Feeding
Mental functions
Legal Blindness
Elimination
Do you answer yes to any of the following?