February

Topic of The Month - It's Tax Time

Be sure to take advantage of the available tax benefits. Do not assume that you will not qualify. Check it out. Many of these benefits can be claimed for past years as well so don't despair if you did not put them on this year's claim. Click on the links for detailed information.

Manitoba

Primary Caregiver Tax Credit - $1,275 Refundable

Don't be scared off by this section of the log, "Types of care you personally provide to this client (list), including approximate frequency for each" Just list the tasks you do. Here are some examples:
  • Driving to doctor appointments or other services
  • Arranging or preparing meals
  • Grocery shopping
  • Assisting with home maintenance, repairs or yard work
  • Providing personal care (bathing, dressing, feeding)
  • Completing forms or documents (legal, insurance)
  • Assisting with bill payment
  • Housekeeping tasks (cleaning, laundry)
  • Assisting with medications (setup, dosing)
Canada

1. Disability Tax Credit 
 If the person you care for has difficulties with the following, they may be approved for this credit.
  • Walking - unable to walk a city block without stopping frequently to rest because of shortness of breath or pain
  • Mental Functions necessary for everyday life, self-care,  memory , problem-solving 
  • A combination of less severe impairments that together impact daily living.  
Their doctor will need to complete this form, T2201  Disability Tax Credit Certificate
  •  If one doctor says no, try another
  • If you are charged a fee to complete this form, the fee is also tax deductible
  • Ask the doctor to complete part B first and then part A
2. Eligible Medical Expenses  - did you know that incontinence products and hearing aid batteries
    are deductible?  Follow this link to look at medical exemptions.

3. Caregiver Tax Credit  – if the person you care for lives with you, with an income under $16,422 and is dependent owing to a mental or physical infirmity, you may be eligible for this credit.

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