Someone mentioned that since our child has hearing loss and wears hearing aids we should be claiming him as "disabled". Does anyone know what this is all about? Is it even worthwhile doing?
2007-03-01 11:13:53 · 2 answers · asked by Skanky McSkankypants 6 in Business & Finance ➔ Taxes ➔ Canada
Hello,
The disability tax credit is supposed to assist individuals with a prolonged impairment that markedly restricts them with the costs associated with that impairment. If the individual cannot use the credit (minor, low income, etc) then it can be transferred to certain individuals who support them, such as a spouse or parent.
In order to qualify a form T2201 has to be completed by a medical professional certifying that the patient meets certain eligibility requirements. In your child's case the practitioner would be an audiologist.
Once the form is completed it is sent to CRA. If CRA approves the form then the disability tax credit can be claimed. If transferred to a parent it has a real dollar value of approximately $1,300 per year. If the practitioner certifies that the impairment has existed for a number of years in the past it can be applied retroactively up to three years.
The form T2201 can be found at the below link. Read through it and see if you think your child fits the requirements. If so, it would likely be worthwhile to pursue.
Hope that helps.
2007-03-01 11:48:00 · answer #1 · answered by Anonymous · 2⤊ 0⤋
for the earned income credit. also he should be eligble for ssdi.
2007-03-01 19:19:20 · answer #2 · answered by lectric lady 2 · 1⤊ 0⤋