Last updated: May 17 2016

Missed a Medical Expense Claim? May Is Tax Adjustment Month

It’s amazing how many people rush through their tax filing obligations only to find they have missed important claims on their tax returns. One of the most common is medical expenses. Here is our top ten list of common medical treatments you may have missed.

  • attendant or nursing home care
  • ambulance fees
  • eyeglasses and contact lenses
  • cost of training a person to provide care for an infirm dependant
  • costs of hearing aids and their batteries
  • costs for medical marijuana or marijuana seeds purchased from Health Canada, or a licensed person under Marijuana Medical Access Regulations (MMAR)
  • therapy provided by a medical doctor, psychologist or occupational therapist for a patient who qualifies for the Disability Amount
  • tutoring services for a patient with a learning disability or mental impairment
  • private health plan premiums, including group insurance premiums,
  • Blue Cross premiums including travel insurance costs
   

Don’t forget that to claim the Disability Amount requires the completion of form T2201 by a medical practitioner. If you’re a tax or financial advisor, carry that form with you—it’s a great way to help your clients help themselves to a big tax refund for the current year and up to ten years back.

If you have missed making a claim on a tax return you’ve already filed, don’t ever file another tax return for that year. Instead, make adjustments on Form T1ADJ or electronically on My Account. Tax professionals can also do it for their clients under the Represent a Client function.

Next time: More Common Tax Errors to Correct

 

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