The Globe and Mail has recently published an excellent article on Medial Expenses.
Tax advice for an aging nation: Get to know the medical expense tax credit.
The shadowy medical expense tax credit – a lot of taxpayers know it’s there, but not what costs are eligible or how to calculate it. “The medical expense tax credit is probably one of the more complicated ones to calculate,” explains John Crawford, a chartered accountant and chief financial officer of Pacific Blue Cross in Burnaby, B.C. “The rules are quite complicated in terms of what’s eligible and what’s not eligible.”
Read the whole Globe and Mail Article