WHAT IS THE DISABILITY TAX CREDIT?
The Government of Canada provides the Disability Tax Credit for eligible individuals who have physical or mental disabilities. Once you are approved, not only can you apply it to future taxation years, but you can also go back and retroactively take this credit up to a maximum of 10 previous years.
Through this tax benefit program, the government recognizes that people with disabilities and their families deserve a "tax break." Moreover, the government wants those who were unaware of this tax credit to take advantage of it retroactively, and thereby generate potential refunds of up to $40,000.
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