Tax Accountant Toronto
Tax Accountant Toronto

The Disability Tax Credit

According to Statistics Canada, more than 5.3 million Canadians are living with some form of a disability. The IFMS team specializes in helping individuals properly and efficiently complete the application for the DTC and amend prior year tax returns to receive the maximum benefit amount.

The Disability Tax Credit

According to Statistics Canada, more than 5.3 million Canadians are living with some form of a disability. The IFMS team specializes in helping individuals properly and efficiently complete the application for the DTC and amend prior year tax returns to receive the maximum benefit amount.

Accounting Firm

What is the Disability Tax Credit (DTC)?

This is a non-refundable tax credit for individuals with disabilities or their supporters/caregivers to receive a financial supplement from the CRA. This credit is meant to provide relief for individuals with a disability or their supporter/caregiver for unavoidable expenses.

Who is eligible for the Disability Tax Credit?

There is no age restriction in receiving the DTC. Any Canadian who struggles with physical or mental issues is eligible to apply for this credit. There is a list of qualifying medical conditions that may make one eligible that include addictions, ADHD, anxiety, arthritis, hearing loss, migraines and more. Contact us for a full list and advice on whether you or a loved one is eligible for the DTC.

How to apply for the Disability Tax Credit?

The application process is a little complex. Our team specializes in helping individuals not only apply, but coordinate communication and appeals with the CRA. We have helped Canadians receive an upward of $40,000 with the approval of the DTC.

For more information on what DTC entails, who qualifies and how to apply, please visit https://disabilityrefunds.com/

Accounting Firm

What is the Disability Tax Credit (DTC)?

This is a non-refundable tax credit for individuals with disabilities or their supporters/caregivers to receive a financial supplement from the CRA. This credit is meant to provide relief for individuals with a disability or their supporter/caregiver for unavoidable expenses.

Who is eligible for the Disability Tax Credit?

There is no age restriction in receiving the DTC. Any Canadian who struggles with physical or mental issues is eligible to apply for this credit. There is a list of qualifying medical conditions that may make one eligible that include addictions, ADHD, anxiety, arthritis, hearing loss, migraines and more. Contact us for a full list and advice on whether you or a loved one is eligible for the DTC.

How to apply for the Disability Tax Credit?

The application process is a little complex. Our team specializes in helping individuals not only apply, but coordinate communication and appeals with the CRA. We have helped Canadians receive an upward of $40,000 with the approval of the DTC.

For more information on what DTC entails, who qualifies and how to apply, please visit https://disabilityrefunds.com/