What is the disability tax credit?
The disability tax credit (DTC) is a non-refundable tax credit that helps persons with disabilities or their supporting persons reduce the amount of income tax they may have to pay. An individual may claim the disability amount once they are eligible for the DTC. This amount includes a supplement for persons under 18 years of age at the end of the year.
The purpose of the DTC is to provide for greater tax equity by allowing some relief for disability costs, since these are unavoidable additional expenses that other taxpayers don’t have to face.
Being eligible for the DTC can open the door to other federal, provincial, or territorial programs such as the registered disability savings plan, the working income tax benefit, and the child disability benefit.
Is this in the U.S. also?What about receiving no financial help for my grown daughter that had to quit her job & she & her husband had to move into my home.I pay all the bills for the home & can't find a program that will give me any assistance to pay her because we are related.I get a widow's benefit & it doesnot cover bills, medicine,household expense,groceries.Sorry to vent Linda & Brian.Sometimes sharing gets us info we would not have known, but also just helps having someone to listen.Have a good weekend!
Thanks Linda.
No I didn't know you can get it
We in the UK get taxed on all of our private pensions that we have paid into. Although we get a free bus pass that could be stopped at any time. When we retire we also get £100 to help with the cost heating in cold weather but so does a millionaire. We also get free prescriptions that’s after working and paying taxes for the last 55 years. The average old age pension is £110 per week to live on.
Rant over.
Have a lovely weekend Kathy