Disability Tax Benefits for Bipolar Disorder

 Bipolar disorder patients are known to undergo periods of emotional elation or overly active behaviors and then some periods of low moods and activity. The disease is seen to occur in individuals of ages 15-19.  The disorder does limit the normal life of the patients. The disease has a strong genetic and hereditary bias . Medical treatments of the condition are done with medicines like Depakene and Tegretol. Symptoms of the bipolar disease are pronounced in the hypermanic phase and then there is a sharp or sudden decline in moods and activity indicating the onset of the hypomanic phase of the bipolar disorder cycle. This is largely a life long condition and can impact personal and professional relationships of patients.

The disorder is classified as being a disability if the extent of the condition renders the patient incapacitated or incapable of performing ordinary life activities and safe employment activities in many parts of Canada. It qualifies for disability tax benefits.

Many people do not know that the Canadian government provides tax benefits and grant payments to people who suffer from mental or physical disabilities. Bipolar disorder is recognized by the CRA as an eligible condition for such tax benefits. 

The Canadian Disability Corporation (CDTS) simplifies the processes and puts up a valid representation to the Canadian Revenue Agency for the maximum benefits for tax credits. The disability tax credits are available to any individual who is incapacitated by his /her disability for a continuous period of 12 months or more. The taxable income of the family member who supports the patient is also eligible for these tax credits if the patient is not employed.

The process starts with a simple and free online assessment of the individual case on the CDTS’s website. As per the applicable rules of the Canadian government, to avail of the disability tax benefits the patient must be undergoing symptoms and treatment of the disorder for a continuous period of 12 months or the condition should be certified to  persist for another 12 months..

Once the Canadian Disability Tax Specialists receives the application they check it for accuracy of completion and information. They then reach out to the attending physician or doctor of the patient and take relevant details. Upon satisfying themselves of the genuineness of the case and noting the eligibility of the patient under the bipolar disorder tax benefits, they file the application with the CRA.  The whole process becomes more efficient, smarter and simpler when routed through a credible agency such as the Canadian Disability Corporation. Find out today if you are eligible for disability tax credits.