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Old 12-31-2013, 02:02 PM #18
Erika Erika is offline
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Join Date: May 2012
Location: Canada
Posts: 1,647
10 yr Member
Erika Erika is offline
Senior Member
 
Join Date: May 2012
Location: Canada
Posts: 1,647
10 yr Member
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misshayleesmom,

Sorry that you are going through this.

If you haven't already done so, you should apply for the Disability Tax Credit for both you and your daughter. Download the form, and either fill some of it out yourself and take it to your doctor to have him/her fill out their portion & sign it (easier), or have your doctor fill it out and sign it. Either of you can send it in.
The processing & approval takes a couple of months and is calculated on your income, and length of disability; but it can make a huge difference on your income tax deductions and tax free savings plans.
It allows you to receive a credit from Revenue Canada for previous tax years when the Disability deduction was not applied, so when you or your doctor fill out the form, be sure to indicate that you have been having problems for as many years as you have in each section on the form. Depending on your situation, this can add up to a few thousand dollars, which Revenue Canada will return to you.

This deduction is for people who continue to work or who have income from other sources, but who have increased expenses and hardship due to a disability or combination of health challenges that are a "disability equivalent."

Canadian Disability Tax Credit & Savings Plan Information
http://www.cra-arc.gc.ca/tx/ndvdls/t.../menu-eng.html

I did this at the suggestion of my neuro and although I still have an income, my income tax deduction has been increased, and I did receive a considerable amount for previous years when the deduction was not claimed. That extra income might come in handy, given your current situation.

With love, Erika
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"Thanks for this!" says:
ANNagain (01-01-2014), ewizabeth (01-01-2014), misshayleesmom (12-31-2013), NurseNancy (01-01-2014), SallyC (12-31-2013)
 

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