MEDICAL EXPENSE TAX CREDIT – UPDATE
Medical expenses eligible for a tax credit are limited to those described in Subsection 118.2(2), many of which are detailed in Income Tax Folio S1-F1-C1. In a number of Technical Interpretations, CRA consideredthe eligibility of certain expenses:
prescription swimming goggles prescribed by a medical practitioner or optometrist for treatment or correction of a vision defect would be eligible medical expenses (Paragraph 118.2(3)(b), 2017-0690361E5, Shea-Farrow, Nancy, April 11, 2018); and
prenatal classes do not fit within any of the provisions that would qualify them for the medical expense tax credit (2017-0696851E5, Shea-Farrow, Nancy, February 21, 2018); and
custom mattresses, mattress toppers and pillows are not included in the list of qualifying devices or equipment (Regulation Section 5700), so would not be eligible medical expenses (2017-0724441E5, Brennan, Chris, CPA, CA, April 12, 2018).
For further information see Video Tax News Monthly Tax Update Newsletter, Issue No. 444