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Claim both Home Reno and Medical Expense in 2009
May 6, 2009
If something qualifes for medical expenses and also for home renovations tax credit, you will be able to claim both if this amendment in the 2009 Federal Budget is passed.
For more information on the home reno credit see:
http://www.budget.gc.ca/2009/pamphlet-depliant/pamphlet-depliant3-eng.asp
and:
http://www.cra-arc.gc.ca/gncy/bdgt/2009/fqhmrnvtn-eng.html
For more information on claiming home reno's for medical reasons see my article:
http://www.taxdetective.ca/articles/article/1482041/20629.htm
and the amendment to S. 118.2(2)(l.2) proposed in the 2009 federal budget.
You will need pre-approval on those CMHC grants for assistive devices for bathrooms or garden suites!
http://www.cmhc-schl.gc.ca/en/co/prfinas/
Get out your hammers!
Eileen Reppenhagen CGA does not research or endorse any product or service appearing in ads on this site. Before making any major financial decision(s) you should consult a qualified professional.
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