Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the Department.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle du ministère.
Principal Issues: Financial benefits for severely disabled individuals.
Position: None under the Income Tax Act.
Reasons: Non-refundable medical and disability tax credits available to reduce the tax payable. When no tax payable any unused tax credits are not payable by way of financial benefits.
XXXXXXXXXX 990436
Wm. P. Guglich
March 16, 1999
Dear XXXXXXXXXX:
Re: Financial Benefits for Severely, Disabled Senior Citizens
This is in reply to your letter of February 12, 1999, regarding the availability of financial benefits for disabled individuals. You also attached a letter, from your physician, describing your disability.
You indicate that you are a severely disabled senior citizen, in need of financial assistance to pay for personal living expenses, and the medical and dental expenses that are not covered by Alberta Health.
The Income Tax Act provides tax assistance to individuals by providing for medical expense and disability tax credits. These tax credits effectively reduce the amount of tax payable. However, these tax credits are non-refundable so that when no tax is payable , any unused tax credits are not payable by way of financial benefits.
Our records indicate that you are in receipt of the old age pension, social assistance, federal income supplement and the GST rebate. We are not aware of any other financial benefits that may be available to you.
Yours truly,
J. F. Oulton, CA
for Director
Business and Publications Division
Income Tax Rulings and
Interpretations Directorate
Policy and Legislation Branch
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© Her Majesty the Queen in Right of Canada, 1999
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© Sa Majesté la Reine du Chef du Canada, 1999
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