Income Tax Returns for People with Disabilities
The disability amount is a non-refundable tax credit for persons with a severe impairment. People with either physical or mental disabilities can apply and claim to reduce the amount of income tax they have to pay on income tax. You must first be approved for this nonrefundable tax credit. Note, if you receive disability benefits or workers compensation, this does not necessarily mean you are eligible for this tax credit.
Are you disabled? This is the form that you take to the doctor to see if you qualify. You then will take the form us so that your tax returns can be appropriately adjusted.
At AACT Financial Solutions we are a small, successful financial business located in Esquimalt. Our goal is to assist individuals, families and small businesses in achieving their financial plans and objectives by providing personalized service and advice.
You can get a copy of the form here.