The disability tax credit (DTC) is a non-refundable tax credit used to reduce income tax payable on the income tax and benefit return. A person with a severe and prolonged impairment in physical or mental functions may claim the disability amount once they are eligible for the DTC(…)
Currently, the disability tax credit is non-refundable, meaning that it's worth nothing to you if you don't earn enough to owe tax. And while it may be possible to transfer all or part of the tax credit that can't be used to one's spouse, common-law partner or other supporting person.
The requirements to be eligible for the disabled tax credit are laid out in the T-2201 DTC certificate application form. Among other things, there must be a prolonged impairment in physical or mental functions that must have lasted, or be expected to last, for a continuous period of at least 12 months.
Find out if you're eligible for the DTC
CRA Disability Tax Credit link
The disability tax credit can be claimed retroactively up to 10 years if a person has been experiencing eligible impairments but has only now applied for the credit. That can add up to a major tax refund.
Contact us now and we can go through it with you.