Medical Expenses

Whether a claim is useable depends on income first. Medical expenses over 3% of your income, can reduce federal tax owing. Whatever you pay out of pocket, above any coverage you get from insurance, you can claim. Check the CRA site for which items are claimable. Some common ones are prescriptions, chiropractor, physiotherapist, braces, massage, premiums for health insurance and the cost of traveling for medical appointments. One claim that gets overlooked is travel for medical appointments. Over 40km one way - you can claim a per kilometer rate. Over 80km one way - you can claim a per km rate, meals, parking and hotel. To prove these trips you need a trip log, receipts for parking and hotels and a letter from your local doctor. If you’re not sure if it’s claimable, ask me.