You may be eligible to receive up to $40,000 for minors or up to $15,000 for adults.
Additional Benefits of Being Approved for the Disability Tax Credit
You or others can contribute to a special savings account, the Registered Disability Savings Plan (RDSP). Contributions are not tax deductible but will be partly matched by the government through Canada Disability Savings Grants and Bonds.
First Time Home Buyers Credit
The Home Buyer’s Tax Credit was introduced in 2008 and is intended for first-time home buyers with the exception of persons with disabilities who can claim it even if it’s not their first home.
Caregiver and Infirm Dependant Credits
The amount for an eligible dependant, the amount for infirm dependants age 18 or older and/or the Caregiver amount will help you offset your expenses when you care for someone with a disability. These amounts can include parents, children over 18 years old, siblings, niece, nephew, aunt, uncle or grandparents.
Working Income Tax Benefit
The Working Income Tax Benefit Disability supplement is designed to encourage disabled Canadians to enter and stay in the workforce.
Home Renovation Credit
If renovations are done to make the home more accommodating to the person with the disability the costs are allowed as a medical expense.