Dementia

Dementia is a progressive brain disorder that affects memory, thinking, and behavior. As the condition worsens, individuals with dementia often require significant care and support. Given the substantial impact on daily life, understanding potential tax benefits like the Disability Tax Credit (DTC) is crucial.

Understanding the Disability Tax Credit

The DTC is a non-refundable tax credit available to individuals with severe and prolonged mental or physical impairments. To qualify, the impairment must significantly restrict daily living activities or prevent individuals from engaging in gainful employment.

Dementia and the DTC

Individuals with dementia often qualify for the Disability Tax Credit. The condition typically involves severe and progressive cognitive decline that significantly impacts daily life. Factors that support eligibility include:

• Memory loss: Difficulty remembering recent events, names, or information.
• Cognitive decline: Challenges with problem-solving, decision-making, and understanding.
• Behavioral changes: Difficulty with communication, agitation, or wandering.
• Functional limitations: Inability to perform daily tasks independently, such as dressing, bathing, or cooking.

Caring for someone with dementia is challenging. Understanding available tax benefits can provide some financial relief.