The disability tax credit is intended for those with severe and prolonged physical or mental impairments. To be eligible, the person must be “markedly restricted” in terms of speaking, hearing, walking, eliminating (bowel or bladder), feeding, dressing or performing mental functions of daily life.
A physician or licensed practitioner must complete and certify the medical section on the application form. In 2005, the Canada Revenue Agency broadened eligibility criteria and added a 10-year retroactive refund for those who can prove their impairment has lasted for years.
Refunds can reach as high as $15,000 for an adult (when applied to previous tax returns). Figures for dependent children can be even higher. If you support someone with a disability, talk to us, your accountant can help.
We have the application forms in our office. If you would like to talk to us about whether or not you should proceed with a claim, please contact us. What makes us different is that WE ARE NOT CONTINGENCY BASED (meaning that we do not take a percentage of what you receive). Our fees are extremely fair and will be much lower than contingency based service providers. Our goal is to ensure that our clients take advantage of every possible credit that they are entitled to when completing their income taxes.