Tax Changes For The Disabled And Their Families

There are a number of changes that have come about and may actually affect the Income Taxes of disabled persons as well as their families in Canada. These changes came about in the year 2015 and they definitely have some effects that you may want to know about. We’ll show you the five changes we’re talking about. Check them out below.

There’s the Family Caregiver Amount which declares that the Family Caregiver Amount for the children below age 18, must be separately claimed on line 367 of the return. For a disabled individual who is 18 years old or more if you’re a spouse or common-law partner, you can add an amount of $2093 to line 303. Add that amount to line 305 if the dependent is an eligible dependent or add that amount to line 315 if you are claiming the caregiver amount.

There’s the Children’s Fitness Tax Credit which was at one point non-refundable, but it has now been changed to a refundable credit.

There’s the CRA Auto-fill Feature which is a service for 2015 tax returns. They well help the taxpayers who are disabled and will automatically fill in certain parts of the income tax return with information that has already been recorded on the CRA’s files.

There’s the Age 17 Returns which helps you to remember to file your income tax returns if you are receiving RDSP Grants and Bonds. In the beginning of the year in which the disable individual becomes 19 years old, the amount switches from their parents, to them. “Therefore submit an Income Tax Return for the year in which the person turns age 17 and every year thereafter, even if he or she has earned no income in those years.”

There is also the Universal Child Care Benefit which has grown to $160 a month for all dependents who are under 6 years old and qualified. There is also a new benefit of $60 a month for all the qualified dependents who are between 6 to 17 years old.

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