What is the disability tax credit
The disability tax credit (DTC) is a non-refundable tax credit that helps individuals with physical or mental impairments reduce the amount of income tax they pay. Individuals supporting someone with a disability or the spouse of those with a disability can also qualify for the credit. The credit is available at both the federal and provincial levels. In addition to potentially savings at income tax time, qualifying for the DTC can also allow individuals to take advantage of other complementary government programs, which include:- Registered Disability Savings Plan (RDSP)
- Child disability benefit
- Canada worker’s benefit disability supplement
- Multigenerational home renovation tax credit.
Eligibility
To be eligible a person must meet the following three criteria:- Must have a severe impairment in physical or mental functions.
- The impairment must be prolonged, meaning, it must have lasted or is expected to last, for a continuous period of at least 12 months.
- Must be restricted at least 90% of the time.
Eligibility for the DTC is based on the effects of an impairment, not a diagnosis or the presence of a medical condition.