Review Disability Tax Credit Forms with Doctors
aliko-aapayrollservices.com - Small businessess from 1 to 80 employees outsource your payroll management to us and let us worry about your payroll processing.
RSS Follow Become a Fan

Delivered by FeedBurner


Recent Posts

Tax changes to expect when you’re expecting
2016 Tax Tips for 2015 Filing Year
From Proprietorship to Corporation - When is the Best Time to Incorporate?
Tax Specialists Brief your Clients About CRA Fraud And E-Mail Scams
Bank of Canada cuts rates again

Most Popular Posts

Help your teenager build credit responsibly
Being an Executor of an Estate
Anti-Aging
Student Line of Credit
Principal Residence Exemption

Categories

aliko nutrition store- isotonix
aliko payroll services
canada revenue news and videos
canadian news
CPP ,OAS RRIF ANNUITY
Cross border Tax
Disability awareness and Benefits for disabled
estate planning
FINANCIAL LITERACY
HEALTH & NUTRITION
Home Car Insurance
Income Splitting Strategies in Retirement
INVESTING
kids and money -set your children up for financial success
life insurance
on line safety tips
online safety tips
PAYROLL
Real Estate - Investments / Retirement
RETIRE HAPPY BLOG
Retirement planning
SAVE YOUR MONEY
Save your money
SERVICE CANADA NEWS
small business planning
Tax Information for Students
tax news
tax planning
tax tips.ca
Tech news
TFSA

Archives

January 2016
July 2015
May 2015
April 2015
February 2015
December 2014
November 2014
September 2014
August 2014
July 2014
June 2014
May 2014
April 2014
March 2014
February 2014
January 2014
December 2013
November 2013
October 2013
September 2013
August 2013
July 2013
June 2013

powered by

MY BLOG

Review Disability Tax Credit Forms with Doctors

Review Disability Tax Credit Forms with Doctors
 
 
 
 
Review Disability Tax Credit Forms with Doctors
 
 
The Disability Tax Credit is lucrative—be sure to take the time to review the Disability Tax Credit Certificate (Form T2201) with your doctor.
 
 
This tax credit should be claimed if you or your spouse have:
·         a disability that is severe and prolonged, which is expected to last for a continuous period of at least 12 months, starting in the tax year.
·         markedly restricted basic activities of living. Marked restrictions include the following conditions:
− Permanent blindness (a CNIB number is usually available)
– Severe cardio-respiratory failure
− Inability to feed or dress oneself
− Inability to perceive, remember or think
− Inability to walk
− Inability to speak
− Inability to hear
− Inability to contain bowel or bladder functions
Taxpayers who must receive therapy like kidney dialysis may claim this credit if a doctor certifies that at least 14 hours per week are taken for such therapy.
The Disability Tax Credit Certificate (Form T2201) must be completed and signed by a medical doctor, optometrist, psychologist, occupational therapist, audiologist or speech-language pathologist and so on. Generally, the CRA requires that the form be
filed in the first year that the credit is claimed.
The Disability Amount may be claimed if there is a claim for Attendant Care Expenses elsewhere on the return. However, the Disability Amount may not be claimed if the costs of a full-time attendant or care in a nursing home or institution are also claimed as a medical expense unless the amount claimed is less than $10,000.
 
 
 
 
 
 
 
 
 

0 Comments to Review Disability Tax Credit Forms with Doctors :

Comments RSS

Add a Comment

Your Name:
Email Address: (Required)
Website:
Comment:
Make your text bigger, bold, italic and more with HTML tags. We'll show you how.
Post Comment