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Financial Planning -> Persons with disabilities

Topics and Resources for Persons With Disabilities

 

The tax return

Free service for those unable to complete their tax return and unable to pay for assistance.

Do you qualify for the Service for Seniors Telefile to file your tax return?

How are the funds paid out of an RESP when the beneficiary has disabilities?

Canadian Tax Calculator now includes calculation of the disability tax credit.

 

Deductions from income

Child care expenses

Disability supports deduction

Attendant care expenses

 

Non-refundable tax credits

A non-refundable tax credit can only be used to reduce federal or provincial/territorial taxes payable to zero.  See also our tables listing most non-refundable tax credits.

Amount for an eligible dependent - A single person can claim a tax credit for a dependent child, grandchild, sibling, parent or grandparent.

Child fitness tax credit, and additional credit for child with disability - new for 2007

Children's arts tax credit (CATC)

Caregiver amount tax credit may be available if (dependent or non-dependent) parent or grandparent (over 65) lives with you, or if a dependent relative lives with you.

Disability amount tax credit

First-time homebuyer's tax credit

Students - scholarships and bursaries, deductible and tax-creditable expenses

Tax credits that can be transferred to/from a spouse

 

Medical expenses:

Medical expense tax credit

Non-prescription medications

Claim your medical expenses on the return of the spouse with lower net income.

Eligible medical expenses

Attendant care expenses

Attendant care expenses paid to a retirement home

 

Refundable tax credits

A refundable tax credit can generate a payment to taxpayers, even when no income tax has been paid.  This is a good reason to file a tax return even if you do not owe any tax.

Refundable medical expense supplement

Working income tax benefit (WITB) and disability supplement

 

Other resources

Registered disability savings plans (RDSPs)

Government Benefits - Federal and provincial

Unlocking your locked-in pension accounts

Service Canada - Persons With Disabilities Online

The Canada Student Financial Assistance Act provides for some student loans to be repaid by the federal government in the event of the student's death or permanent disability.

Canada Revenue Agency (CRA):

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Guide RC4064 - Medical and Disability-Related Information - includes form T2201

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Tax relief and benefits for persons with disabilities

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Topics for persons with disabilities

 

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Revised: December 18, 2011

 

Copyright © 2011  See Reproduction of information on TaxTips.ca

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