If you have a disabled child you can try to claim Medical Tax Credit for School Costs if the child’s schooling is essential to help with their disability. Most training for a disabled person should be a medical expense, so research and ask the CRA if this is the case?
Can you claim school fees for medical credit with the CRA ? Yes, but you need to follow all the rules to claim it. Your child does not need to have a DTC to apply.
A CRA review of receipts usually happens when I add new expenses to my tax return, or something changes drastically. Keep those receipts!
What should you do with found money ? Some say you should just splurge it, but maybe it would make much more sense to pay down debt with that money.
This is an interesting topic for me. I am asking specifically, why does a Government tax Benefits that they pay? An example is the Child Tax Benefit is not taxed (i.e. you don’t pay income… Read More »Taxing Government Benefits
