The Disability Tax Credit - Big Tax Savings!!

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  • เผยแพร่เมื่อ 28 ธ.ค. 2024

ความคิดเห็น • 81

  • @NicksTaxes
    @NicksTaxes  3 ปีที่แล้ว +3

    Get your disability tax credit by clicking on my link! refund.grantsinternational.com/nickstaxes/

    • @leona369
      @leona369 2 ปีที่แล้ว

      So frustering , So paying taxes means having a job Having gainful employment Am I correct

  • @Dopiates
    @Dopiates ปีที่แล้ว +12

    Whoever charges 30% to assist in filling out the simple ass forms should be locked up. There easy and the person with the disability should have the money, all of it. Period

  • @shellyt4095
    @shellyt4095 2 ปีที่แล้ว +14

    I would never give 30% to a company
    My doctor completed application and I was approved after 8 weeks.

  • @shayneslinn9378
    @shayneslinn9378 2 ปีที่แล้ว +10

    So up to $50K in refunds was quoted and the fee is 30%? So you are taking $15,000 from folks who can use this money? With any luck the Bill that is being pushed passes to put an end to this gouging for a few hours work at tops. For transparency you should disclose your referral fee. If you actually cared you would mention the Registered Disability Savings Plan, but you done get paid in that so why would you care?

    • @elkvalleyhomesteading7370
      @elkvalleyhomesteading7370 2 ปีที่แล้ว +3

      there's a few facebook groups out there that will walk you through the process free of charge. These companies are just predatory!

  • @JDRichard
    @JDRichard 3 หลายเดือนก่อน +1

    Very valuable insight as I have osteoarthritis and have had the difficulty walking due to a hip issue for the past three years. I did get a wheelchair signed by the Ontario government around three years ago, signed by my physiotherapist, but only got x-rays of my problems in March 2023, so I’m not sure how much I can claim and how much my doctor, if that’s who I need to go to will agree with you signing the form.

  • @durkdiggler4346
    @durkdiggler4346 หลายเดือนก่อน

    I filled mine with a doctor and got it approved within 2 months

  • @tkucey8689
    @tkucey8689 3 ปีที่แล้ว +3

    Went through the process. Got the DTC this year and have absolutely no idea where I'm supposed to input that information in my tax return.

  • @tiffanysmith5368
    @tiffanysmith5368 3 ปีที่แล้ว +5

    Took Me YEARS To get it for my children. I Literally made a presentation booklet & Explained it all to their doctors.The form needs a Ton of information.Your paying 50-150 for the form & some doctors ONLY write a few sentences. 🤦🏼‍♀️ I Gathered a ton of information I had Several Signed forms from Therapists/doctors.I included ALOT of information. I had everything wrote down to explain what I needed from the doctors to actually get approved. I DID end up getting Back Pay. 🙌🏻 (Definitely don’t think it was the correct Pay Out) I Am still trying to get Approved Myself.
    Thanks for the information. I will for sure check out the link.

  • @lornacorrea1815
    @lornacorrea1815 6 หลายเดือนก่อน

    Doctors are charging the clients for filling the B part of the form. Is that compulsory and allowed.

  • @alex4702
    @alex4702 2 ปีที่แล้ว +1

    just got a letter from the cra saying i wualify for the DTC will i get money back? i live in ontario

  • @SparklyGirl9911
    @SparklyGirl9911 3 ปีที่แล้ว +13

    You should only charge say $50.00 to the person. You were not really responsible for them being entitled to the money. You just verbally helped give some direction. In my opinion, this is taking advantage of those less fortunate. 30%??? Shame

    • @workinonit7508
      @workinonit7508 3 ปีที่แล้ว

      That's wild! A doctors note is 150

    • @shayneslinn9378
      @shayneslinn9378 2 ปีที่แล้ว

      It is horrible.

    • @fanglu1623
      @fanglu1623 ปีที่แล้ว

      Knowledge is the money, not charity. Even Though 30 percentage is high

  • @preetkaur-qn8ed
    @preetkaur-qn8ed 5 หลายเดือนก่อน

    why my application status stop tacking?

  • @joannefaris9599
    @joannefaris9599 3 ปีที่แล้ว +6

    Thanks for the information, Nick. After hearing this, I printed the form, went to my Dr., and have now submitted it to the government.

    • @DrLeePercussion
      @DrLeePercussion 2 ปีที่แล้ว

      How much did you get? I just sent my forms in today Thanks

    • @joannefaris9599
      @joannefaris9599 2 ปีที่แล้ว +3

      @@DrLeePercussion It took a number of months before I got the approval. The hard part was going back and re-doing tax returns from 2016-present (I was approved for 2016-2026 because of what my Physician filled in). It was well worth it because what I couldn't claim (tax credit for around $8,000+), my husband could claim. So much depends on your tax situation, but together we got back over $8,000 for the 5 years from 2016-2020, plus we got to carry forward a bunch of our charitable donations from those years. You could also be in a position where someone could claim the caregiver amount as well. Hope it goes well for you too!

    • @DrLeePercussion
      @DrLeePercussion 2 ปีที่แล้ว

      @@joannefaris9599 Thank you.

    • @kathyerb3134
      @kathyerb3134 8 หลายเดือนก่อน

      Reapply aftekr the 10 yrs. I do it after 5 yrs. ​@joannefaris9599

    • @kathyerb3134
      @kathyerb3134 8 หลายเดือนก่อน

      ​@DrLeePercussion you don't get money, u get credits towards your your taxes thus less ....this yr if I hadn't applied my disability credits , I would have to pay taxes. But when I told the person doing my taxes that I qualify for this credit, it thus gives me a credit. I also pay pay taxes each month on my income , CPP, thus I get it all back at end of yr.

  • @candi-qy6bk
    @candi-qy6bk 11 หลายเดือนก่อน

    if I have not been working for the last 10 years, let’s say from 2014 and my diagnosis was 2005 from where would my 10 years count of getting that credit? Does it go from the date of your diagnosis Or do they regardless go back 10 years because of it from the diagnosis it probably will not be 10 years. If you could give me an answer would be nice thank you.

  • @Steve-p1o5f
    @Steve-p1o5f ปีที่แล้ว +1

    What about people who have been disabled due to PTSD, do they qualify for this?

    • @patrickinottawa27
      @patrickinottawa27 ปีที่แล้ว

      Get the T-2201 form and guide online. It's quite simple to understand. It's all about how your disability affects you.

  • @CarmenM-nc3cq
    @CarmenM-nc3cq 2 หลายเดือนก่อน +1

    30% !!!!

  • @soberman1976
    @soberman1976 3 ปีที่แล้ว +3

    Our tax guy is trying to get our middle son on disability but the dr is dragging her feet to get the forms filled out.It shouldnt take over a month to fill forms out.Our middle son had a aquired brain injury almost 2 years ago.

    • @XxehrixX
      @XxehrixX 3 ปีที่แล้ว +1

      I'm sorry to hear it's taken over a month! I recommend definately to get in contact with the doctor and ask for the status on the form...

  • @amirsadeghzadeh1952
    @amirsadeghzadeh1952 10 หลายเดือนก่อน

    i got approved from 2016 to 2028 and I wanted to know how much do i get back in the last 6 years ? if anyone have a rough estimate

  • @alanasammy7364
    @alanasammy7364 2 ปีที่แล้ว +4

    Wow 30% that's alot

    • @mmalcolm2709
      @mmalcolm2709 ปีที่แล้ว

      that's way too much, i would not be asking him to do anything, the doctor will fill the forms. it's that simple...

  • @RandyAbild
    @RandyAbild ปีที่แล้ว +2

    30% seems like robbery. I know that Grants Intl likely do a lot of work for that and they are experts but a qualified accountant with a bit of experience should also help you take full advantage of the credit and they won’t charge you 30%. Just sayin.

  • @shellcanadaone1105
    @shellcanadaone1105 2 ปีที่แล้ว

    Taxes keeps ending me notices that I qualify for the past 4 yrs, but I have no idea what to do?

    • @patrickinottawa27
      @patrickinottawa27 ปีที่แล้ว

      I'm surprised Rev Can hasn't adjusted your tax returns on your behalf, give them a call.

    • @shellcanadaone1105
      @shellcanadaone1105 ปีที่แล้ว

      @@patrickinottawa27 I wish I knew why it's been like 20 weeks now. Since I applied the same with g i s for my parents sypposed to get a rebate they told us when we called them yes in 60-200 days

  • @kenbarthSimAV8tor
    @kenbarthSimAV8tor ปีที่แล้ว

    I got mine after my stroke; results in my spouse getting a nice income tax refund. I applied for CCP Disability on my own after my private health insurance required me to do so (clause in the policy) - required family doctor attesting to my disability after my stroke. Apply if you are eligible For sure eh!

  • @claudiabuciunana9474
    @claudiabuciunana9474 3 ปีที่แล้ว +1

    I only heard of physical disability. What about mental health? Do u have to be an elderly to qualify? How about people that are on odsp?

    • @whitenoisejosh-sleepfocusc2917
      @whitenoisejosh-sleepfocusc2917 2 ปีที่แล้ว +1

      I got it for PTSD

    • @Steve-p1o5f
      @Steve-p1o5f ปีที่แล้ว

      @@whitenoisejosh-sleepfocusc2917 Thank you for posting your comment because you answered my question. Thanks again

  • @truman5838
    @truman5838 3 ปีที่แล้ว +1

    I've just been approved for disability tax credit.
    Should I expect retroactive back payments?

    • @suziqt8389
      @suziqt8389 3 ปีที่แล้ว +1

      I got dtc. after that went back to the year i was labelled disabled. you then re-do your tax return for each year. It is not automatically done. so I claimed 2015,16,17,18 and received $11,000 so worth the hastle.

    • @patrickinottawa27
      @patrickinottawa27 ปีที่แล้ว

      @@suziqt8389 There is a check box on the form asking whether you want the credit applied to previous years. Then it's automatically done.

  • @kenbarthSimAV8tor
    @kenbarthSimAV8tor ปีที่แล้ว

    I applied since my stroke = no income tax owed and partner gets a refund each year

  • @melissaanderson821
    @melissaanderson821 3 ปีที่แล้ว +3

    I should sue my doctor because he won't sigh the form for my disability tax..

    • @NicksTaxes
      @NicksTaxes  3 ปีที่แล้ว

      Work with grants international to help!

    • @GrantsInternational
      @GrantsInternational 3 ปีที่แล้ว +1

      If your doctor won't sign, another medical professional or nurse practitioner can sign. You need to make sure your doctor understands that you meet the criteria to qualify. At Grants International, we have a medical doctor on staff and we provide our clients with instructions they can take to their doctor so he/she knows how to complete the form. If you want our help, follow the link to our website Nick posted above.

    • @melissaanderson821
      @melissaanderson821 3 ปีที่แล้ว

      @@GrantsInternational oh ok thats new.. to me.. isee..

    • @angelbaby2112
      @angelbaby2112 3 ปีที่แล้ว +2

      My doctor refused to signed the form

    • @melissaanderson821
      @melissaanderson821 3 ปีที่แล้ว

      @@angelbaby2112 why..

  • @christinarosed.p.1967
    @christinarosed.p.1967 6 หลายเดือนก่อน

    $100.00 Dr's fee for your form to be filled.

  • @shamamabeloved2873
    @shamamabeloved2873 3 ปีที่แล้ว +3

    It's is disheartening when you are disabled, single, and on odsp, you qualify for no tax credits, yet most of that little amount I get monthly, goes into my disability. I would think someone in my situation would be requiring more support, but our government doesn't think we need anything. People getting the emergancy money recieve $2000 each, while those on disability still live well well under the poverty levels and loose money if we change our situation one inch, ans qualify for zero extra help or support. These lock downs ans restriction have cost me so much more money I didn't have to spend to begin with with delivery, so I pretty much stave at this point, alone in my apartment. I'm at my breaking point I can't survive like this much longer.....

    • @whitenoisejosh-sleepfocusc2917
      @whitenoisejosh-sleepfocusc2917 2 ปีที่แล้ว

      I’m sorry to hear about your situation. You make good points. Have you written to your Member of Parliament or anything to bring awareness?

    • @pwee507
      @pwee507 ปีที่แล้ว

      Its not free money for nothing its a TAX CREDIT. meaning a person who made an income would get some of the taxes paid back. You cant make 0 dollars and get a tax refund since you didnt pay taxes

  • @hannapacewicki4333
    @hannapacewicki4333 3 ปีที่แล้ว

    Hallo, my husband is on disability tax credit, but we have low income, my we claim grandson he help us?

  • @coachvgmeats1351
    @coachvgmeats1351 3 ปีที่แล้ว

    That Darren guy was an excellent edition to your show. Quite informative

  • @MrMelrays
    @MrMelrays 3 ปีที่แล้ว

    This is one of hardest to qualify.

  • @dentrobate54
    @dentrobate54 3 ปีที่แล้ว

    I don't think this would help me. I tried going through other companies similar to Grants Int'l and they were of no help. As my income was/is under $30,000 per year, I never had to pay income taxes, hence no refund, and therefore they would not take on my case even though I would've qualified for the $3500 grant and $1000 bond. :(

    • @adamcharlebois6910
      @adamcharlebois6910 ปีที่แล้ว

      You still pay taxes on $30.000 a year, it’s only under 10,000 that you don’t pay taxes….

  • @Terrilynn_Morris
    @Terrilynn_Morris 3 ปีที่แล้ว +1

    Great video Nick! Maybe you can elaborate more on the description of disability for some of your subscribers that don't know.
    This can include children with autism. Also the form you need to have your dr fill out is called the T2201.
    My question is if I have already took advantage of the tax credit (2012) received a lump sum payment do I qualify to file years later? The applicant is my daughter who is 26.

    • @NicksTaxes
      @NicksTaxes  3 ปีที่แล้ว +1

      I believe you can continue to take advantage of it. I would encourage you to connect with grants international on that. They are the expects on it. Link is in my description or pinned comment

    • @jakeblumes1
      @jakeblumes1 3 ปีที่แล้ว +1

      You get a lump sum refund once approved and then you claim it as a tax credit in future years.

    • @truman5838
      @truman5838 3 ปีที่แล้ว

      @@jakeblumes1 I was just approved. Should I expect money?

    • @jakeblumes1
      @jakeblumes1 3 ปีที่แล้ว +1

      @@truman5838 you need to follow up on your own to see...

    • @QueenMaryStuart
      @QueenMaryStuart 2 ปีที่แล้ว

      30% !!!!!!!!!!!!!😮

  • @Daniel-xy7si
    @Daniel-xy7si 3 ปีที่แล้ว

    Would this be applicable on a terminal tax return for a family member?

  • @dd615
    @dd615 3 ปีที่แล้ว +1

    CRA rejected my son with Mild Intellectual Disability. They say disability should be severe.

    • @scha897
      @scha897 3 ปีที่แล้ว

      Did the dr and specialist say that he would qualify?

    • @fanglu1623
      @fanglu1623 ปีที่แล้ว

      You can try infirmity

  • @Dopiates
    @Dopiates ปีที่แล้ว +1

    Scam, Scam don’t do this people. It’s your money and you can easily acquire it with a bit of simple paperwork. It’s not hard if your not a complete dunce.

  • @patriciaingles1452
    @patriciaingles1452 3 ปีที่แล้ว

    No ear drum in one ear and impaired in the other

  • @JackAdams0
    @JackAdams0 หลายเดือนก่อน

    30% lmao

  • @suelearning2313
    @suelearning2313 ปีที่แล้ว

    Great information.
    Di I get the money I spent on migraines management?
    I've had sever migraines for 23 years, I ve always worked, but it made the quality of my life a living nightmare. I'm a single mother and have to work, I have seen many professionals and tried different procedures to help with the frequency and severity of the attacks, but no use, now I'm reduced to working all day to get money so I can feed my family and buy medicines, I also get nerve blocks weekly, for over 10 years now. Migraines medications are very expensive, but I have no choice, I often go to work, pull over to deal with the nausea, then continue to my miserable existence and go to work, all also led to depression, anxiety, not socializing as well.
    Thank you for helping us with our struggles and fight.
    I just found out about disability tax credit, a week ago.

    • @JohnnyWick9733
      @JohnnyWick9733 10 หลายเดือนก่อน

      You are the problem