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A Federal DISABILITY TAX CREDIT Can Change Your Life

Many people in Canada are suffering debilitating illnesses for years, unable to work or their life style has changed because of serious injury or persistent severe mental or physical condition. As Canadians we may have missed out on all or several of the disability credits that might be available to us as citizens of this wonderful country.

Now that we have completed a major task submitting our 2018 Income Tax return to Canada Revenue Agency, there is one other undertaking that can be addressed as a benefit for many, a tax credit that is often missed by many people in our society.

If a person has had an illness for several years, being unable to work or life style has changed because of serious injury or persistent severe physical or mental condition, then as a tax payer one should inquire about the DISABILITY TAX CREDIT.

  If you did not claim this incredible tax credit on your 2018 return, a further deduction of $8235.00 would have been applied as a disability amount on your federal non-refundable tax credit schedule.

This non-refundable tax credit can be used to reduce tax payable and one of the BEST CREDITS in terms of amount of tax savings. In order to qualify or be eligible for this Tax Credit a qualified practitioner must certify that the applicant has a prolonged impairment based on a medical condition that meets Canada Revenue Agency’s specific criteria.

The Disability Tax Credit is available to Canadians who are deemed to have “one or more ailments that impact the activities of daily living, where those ailments are not likely to get better any time soon and have already been in place for a period of at least one year.”   Eligibility is based on the condition’s severity and length that has impaired your ability to perform basic tasks.

Canadians who are unable to, or who are having difficulty performing basic activities of daily living such as walking, bladder and bowel function, hearing, speaking, vision, feeding or dressing themselves and performing mental functions necessary of everyday life, you might qualify for the Tax Credit.

Disability Tax Credit is separate from any of the other disability benefits.  If you have paid taxes in the past years, your claim can go back as far as 10 years retroactively to the date of impairment.

This Tax Credit is eligible to all individuals, young, middle age, seniors, whoever has a physical or mental ailment.  Furthermore, this Disability Tax Credit is transferable to a caregiver if the impaired person does not have enough income to generate tax payable that can be reduced by this no-refundable credit amount.   This means that even if you’re unable to receive the tax credit on your behalf, your family member can still get the assistance; this Disability Tax Credit is an advantage.

Personally, I can assist you through the procedure to achieve this tax credit, eliminating the bureaucratic process and confusion.   By advocating on your behalf and ensuring that your application is interpreted and completed properly eliminating potential uncertainties and streamlining the information so that it is accurate before submission to Canada Revenue Agency.

Our Canadian government has made a serious effort to expand the Disability Tax Credit and other tax benefits over the years.   Individuals with disabilities/impairments have extraordinary challenges already, so being confronted with complex tax laws is no help, life just seems to get more and more complicated.  A Step Beyond & Associates is available for Manitobans and all Canadians to strategically help people that have been touched by disability.

A Step Beyond & Associates develops a relationship, becomes your voice and ensure that you get the best representation, an advocate on your behalf.  A Step Beyond & Associates is accredited and a member of the Better Business Bureau of Manitoba and northwest Ontario.   The Disability Tax Credit is a pivotal section of the Income Tax Act that opens the door to other tax benefits, qualifying for this Tax Credit means that you can eliminate many facets and may qualify for a tax credit

About The Author

Peter J. Manastyrsky.

A Step Beyond & Associates.





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