If you have been approved for the Disability Tax Credit, you may claim it on your taxes until the expiry date issued by the Canadian Revenue Agency.

If you have enough income to fully utilize the tax credits, you are entitled to extra tax savings or tax refunds over and above what your tax return would have looked like in the previous year.

The tax credit is split between a federal credit and a provincial credit. Each province regulates this on their own, so rules and amounts vary.

Insert the maximum federal amount on line 316 on the Schedule 1 worksheet for federal non-refundable tax credits. (The maximum federal amount in 2019 was $8,460 available tax credits.) You will include the Disability Tax Credit entitlement from your province of residence on your provincial tax credit summary worksheet.

The tax filing is not complicated, however you may want to involve a tax professional and make them aware of your Disability Tax Credits.

If you are unable to fully utilize all the tax credits for yourself due to a lower income, you may transfer the remainder to a spouse or another family member.

Being approved for the DTC helps, not only when you’re filing your taxes, but also with retirement planning. Read more about savings tools available to those approved for the Disability Tax Credit.