Alzheimer's Disease
Alzheimer’s disease is a progressive neurodegenerative condition that gradually erodes cognitive function, memory, and the ability to perform everyday tasks. As the disease progresses, individuals with Alzheimer’s often require significant support, both physically and emotionally. Given the substantial impact on daily life, it’s crucial to understand how this condition relates to tax benefits, such as the Disability Tax Credit (DTC).
Does Alzheimer’s Qualify for the DTC?
In many cases, yes, Alzheimer’s disease can qualify for the Disability Tax Credit. As the disease progresses, it often leads to severe limitations in daily living activities, including:
Memory loss: Affecting the ability to perform tasks like cooking, paying bills, or managing medication.
Cognitive decline: Impairing judgment, decision-making, and problem-solving skills.
Behavioral changes: Leading to challenges in social interactions, communication, and self-care.
Physical limitations: As the disease progresses, individuals may experience difficulty with mobility, balance, and coordination.
If you or a loved one is living with Alzheimer’s disease, understanding the Disability Tax Credit can be a valuable step in managing the financial implications of this condition.