Disability Supports Deduction

The Disability Supports Deduction covers disability related expenses that you paid so that you could be employed, carry on a business or attend a designated educational institution. There is a specific list of services and devices that qualify. Many of the same expenses can be claimed as Medical Expenses as well but you can only claim a given expense one time. This adds to the confusion as to where best to report the expenses for the best tax advantage.

The Disability Supports Deduction is a federal deduction used in determining your taxable income as your tax return is prepared. Transitions Wealth Strategies will ensure you meet the eligibility criteria and will ensure that your annual taxes are filed correctly taking full advantage of this deduction.

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