So you have submitted the Disability Tax Credit application. You have high hope for it, but it came back with a denied notice. You’re probably wondering why – Did I miss something? Or did the CRA...
Tag: Disability Tax Credit
So I was just reading the Disability Tax Credit (DTC) application this morning. The government seems to have widened the criteria for mental functions and life-sustaining therapy. On the...
Update about the Registered Disability Savings Plan (RDSP) As we entered into March, many RDSP account holders already received the "Annual Statement of Grants Entitlement." This is the letter...
There has been a number of changes in the 2017 Federal Budget. One of them pertains to the Disability Tax Credit. If one could recall, Disability Tax Credit is a non-refundable tax credit for...
RDSP Video #2 - Disability Tax Credit Canada This clip shares a general guideline of how one may apply for the disability tax credit in Canada. This is especially important to Canadian with...
Turning $12,000 Disability Savings into $40,000 in three years
RDSP Example: Last November, I did a RDSP workshop for families with special needs. During the presentation, I illustrated an example of how contributions toward the Registered Disability Savings...