Osteoarthritis is a condition that affects a significant number of individuals in Canada. It is one of the most common forms of arthritis in the country. Yet, many Canadians who have osteoarthritis do not realize they may qualify for the disability tax credit.
Osteoarthritis is a degenerative joint disease characterized by the gradual breakdown of cartilage in the joints. This can lead to symptoms such as joint pain, stiffness, swelling, and decreased mobility. While osteoarthritis can affect any joint in the body, it most commonly affects the knees, hips, hands, and spine.
Living with osteoarthritis can be challenging, both physically and financially. The pain and limitations caused by osteoarthritis can significantly impact your daily life and activities of daily living and often, result in additional healthcare expenses. Due to the financial burden faced by individuals with osteoarthritis, they may qualify for the disability tax credit to offset some of those expenses.
By qualifying for the Disability Tax Credit, you can access financial support that can make a real difference in managing the costs associated with osteoarthritis. The DTC provides significant tax savings and opens doors to other disability-related benefits, helping to alleviate the financial strain. This benefit can result in up to $50,000 when taking into consideration the Disability Tax Credit, Disability Refund, Canada Caregiver Credit, supplement to the Canada Workers Benefits and Registered Disability Savings Plan (RDSP) – Disability Bond and Grant programs.
Take the First Step
To get started, simply request a free review. Our experts will assess your eligibility, free of charge, and provide you with personalized guidance on the next steps to take. Our dedicated team is here to assist you in navigating the process of accessing the Disability Tax Credit for osteoarthritis. We understand the complexity of the application process and are committed to helping you determine your eligibility and secure all of the benefits you deserve.
Questions About the Disability Tax Credit (DTC) for Osteoarthritis
- Does osteoarthritis qualify for the disability tax credit in Canada?
Yes, absolutely. Osteoarthritis can qualify someone for the Disability Tax Credit (DTC) in Canada. Eligibility criteria focus on the symptoms you experience, rather than the diagnosis of the condition itself. Many Canadians with osteoarthritis currently qualify but many more who would qualify, aren’t currently receiving the benefit because they haven’t applied.
- Does severe osteoarthritis qualify for disability?
Yes, whether symptoms are mild or severe, you may qualify for the disability tax credit. Eligibility depends on whether the symptoms you experience impact the basic activities of daily living, such as walking, getting dressed, meal preparation, and several others.
- Can you get long-term disability for osteoarthritis in Canada?
Yes, you can. The disability provides a non-refundable tax credit of anywhere from $1,800 to $2,600 each year moving forward, depending on what province you reside in. You will also receive substantially more if you qualify for additional benefits such as the Canada Caregiver Credit, supplement to the Canada Workers Benefit, Registered Disability Savings Plan (RDSP) Disability Bonds and Grants program, and more.
- How far back will CRA pay disability tax credit?
You can claim the Disability Tax Credit retroactively for up to ten calendar years. This can result in a significant disability tax credit refund of over $26,000. Substantially more if you qualify for the additional benefits.
- Can I get a refund from CRA for arthritis?
Yes, getting approved can result in a significant disability tax credit refund of over $26,000 for the disability tax credit alone. Substantially more if you qualify for the additional benefits, up to $50,000.
- How do I get approved for the disability tax credit for osteoarthritis?
You can get the process started today by contacting us for a Free Review. Don’t be left wondering if you qualify, when you lean on our over twenty years of experience assisting others just like you. We’ll provide you with an eligibility assessment free of charge, that’s confidential, and with no obligation.