The Disability Tax Credit (DTC) Certificate is a document granted by the Federal Government of Canada that grants a person living with a prolonged health condition access to substantial benefits programs.
A person living with a health condition that impacts one (or more) of the following basic functions for daily living should apply for the Disability Tax Credit Certificate:
• Going to the bathroom
• The need for life sustaining therapy
A person living with a prolonged health condition that is impacting any of the above-mentioned basic functions of daily living should apply for the DTC.
There are many benefits (and credits) that the DTC allows a person to collect. Below are some of the more substantial benefits of being approved for the DTC. There are many more benefits/credits that are available when a person is approved.
This Disability Amount for 2020 is $8,576.
It may be claimed every year and is indexed to inflation.
Receive up to $40,000 from the government in the form of a tax refund (done automatically when approved).
The Canada Disability Savings Bond is $20,000. This is free money from the Federal Government of Canada.
The Grant is a matching program that provides up to $70,000 in funds for a person living with an impairment.