Unlocking Financial Relief: Understanding the Disability Tax Credit

The Disability Tax Credit (DTC) is a tax credit available in many countries, including Canada and the United States, for individuals with disabilities or their caregivers. It is designed to provide financial relief to those with disabilities by reducing the amount of income tax they owe. To qualify for the DTC, individuals must meet specific criteria related to their disability, as outlined by the tax authority in their respective country. The credit can be claimed on annual tax returns and may provide ongoing support for eligible individuals or their caregivers.