Disability Tax Service

To read about Disability Tax Service: https://www.disabilitytaxservice.ca/about-disability-tax-service.html

Jun 272023

Mental Functions Necessary for Everyday Life (DTC)

Mental Functions Necessary for Everyday Life Disability Tax Credit (DTC). In 2022, the Federal government introduced revisions to the Disability Tax Credit, primarily targeting the ‘Mental Functions Necessary for Everyday Life’ section of the form. The most significant change was the broadening of eligibility criteria to include additional sections, including attention, concentration, perception of reality, regulation of behavior and emotions, as well as verbal and non-verbal communication. Previously, the ‘Mental Functions’ section consisted of three general categories, which have now been further subdivided, a recommendation that experts have long advocated.

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Jun 212023

Disability Tax Credit Certificate FormChanges to the DTC Certificate form in 2023.

The Canada Revenue Agency (CRA) has announced new changes to the Disability Tax Credit form and application process.  You can now apply for the DTC electronically.  You must first make a request through the ‘My Account’ service on the CRAs website.  You will then receive a reference number that you must give to the Medical Practioner to complete the T2201 Disability Tax Credit Certificate.  Continue reading »

Jun 202023

Disability Tax Credit in Canada.Looking to maximize your tax savings in Canada? If you or a loved one are living with a disability, you may be eligible for the Disability Tax Credit in Canada. The DTC is designed to provide financial relief to individuals who face significant impairments in their everyday lives. But navigating the complex world of tax credits can be overwhelming. That’s where we come in. In this article, we will guide you through the process of qualifying for the Disability Tax Credit, ensuring you don’t miss out on the valuable benefits it offers. From understanding the eligibility criteria to gathering the necessary documentation, we’ve got you covered. So, if you’re ready to discover how the Disability Tax Credit can help you save on your taxes and improve your financial well-being, let’s dive right in!

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Jun 152023

Disability Tax Credit for CaregiversCaring for a loved one with a disability can be a rewarding experience, but it also comes with its fair share of challenges. In Canada, caregivers play a crucial role in supporting individuals with disabilities, ensuring their well-being, and enhancing their quality of life. To recognize the valuable contributions of caregivers and alleviate financial burdens, the Canadian government offers the Disability Tax Credit (DTC). This article aims to shed light on the DTC, its eligibility criteria, benefits, and the application process, empowering caregivers to access the financial support they deserve. Continue reading »

Jun 152023

Common myths about the Disability Tax Credit (DTC) in Canada. The Disability Tax Credit (DTC) is a valuable resource designed to provide financial support to individuals with disabilities in Canada. However, there are several misconceptions surrounding this credit that can often lead to confusion and missed opportunities. In this article, we aim to debunk these misconceptions and shed light on the true nature of the Disability Tax Credit.

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Feb 212023

What is the Disability Tax Credit (DTC) in Canada.Updated June 2023. The Disability Tax Credit (DTC) is a highly beneficial but often overlooked tax credit available in Canada. It provides significant financial assistance when utilized correctly. Many Canadians mistakenly believe that only those who are “disabled” qualify for the DTC, but in reality, individuals with any medical condition may be eligible. Determining eligibility depends on how the symptoms of the condition affect a person’s ability to perform basic activities of daily living.

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Feb 182023

Updated June 2023.  The Registered Disability Savings Plan (RDSP) is a long-term savings plan specifically designed to help individuals with disabilities and their families save for the future. Introduced by the Canadian government in 2008, the RDSP aims to provide financial security and support for individuals with disabilities over their lifetimes.

Here are some key features and benefits of the RDSP: Continue reading »

Jan 162023

Disability Tax Credits ODSPUpdated June 2023. One common misconception about the Disability Tax Credit (DTC) is that it holds no value for recipients of the Ontario Disability Support Program (ODSP).

While the non-refundable tax credit portion of the Disability Tax Credit is often the focus, ODSP recipients typically don’t have any taxes payable, so they can’t directly benefit from this part of the credit. However, this doesn’t mean that individuals on ODSP cannot leverage the other benefits offered by the Disability Tax Credit.

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