Understanding Disability Tax Credit Canada

People with disabilities are often provided with different services and programs to help them move on with life. These are mainly aimed at helping these people to manage the extra expenses they incur to enable them play their part n a society. One of these great programs is for example the disability tax credit Canada.

This refers to the deductions and credits that are particularly available for people with disabilities and their caregivers. However, you have to qualify for this disability tax credit in order to start enjoying its benefits. Once you qualify for it, it opens other doors for more deductions and credits in other programs.

It is non-refundable and it was started in order to minimize the amount in income tax paid by disabled people. There is also a supplement put in place for the children that are less than 18 years old. In order to apply for this credit, you have to go to a medical doctor who will fill out your T2201 tax form, DTC certificate before you can forward them to CRA to get approval.

There are several persons who are eligible for this program and this includes those who have an impairment either physically or mentally that affects their involvement in daily income generating activities. In order for you to qualify, you must prove that you have been having these impairments for over 12 months that ought to be continuous. It is also important to qualify even if you doubt you are eligible as it causes no harm.

If you are able to prove that your disability has been there for a longer period of time, you will be able to have your returns on tax reassessed over the past 10 years. Children who suffer from a number of conditions namely; bi-polar disorder, epilepsy, Aspergers Syndrome and other similar ones could benefit from this program. Children with learning disabilities also qualify for it.

If you are a caregiver to such a person with a disability, you will be able to offset your expenses from the caregiver amount you get. This is seen as a reprieve for the hard work and stress you have to contend with when taking care of the physically challenged person. It is a form of appreciating the work that is done by the caregivers.

Of late there have been complaints from people that they find the process of applying for DTC to be complex. Others raised concerns that they are supposed to pay some huge amounts in order to access it especially when they use experts to apply for them. The other challenge was that of people who earn low incomes opting to avoid applying for the program as they are of the view that it would not help them which is not true.

The Canadian government is looking at a way of tweaking the process involved in accessing this program in order to make it available to more deserving people. There are people who believe the process is not complex. People are watching how the proposed regulations will unfold.

To apply for disability tax credit Canada citizens are advised to read the online information first. Find here all the facts you need at http://firstsupport.ca.