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Apr 30, 2020
Seniors: Let The Disability Tax Credit Boost Your Income Tax, Retirement And Estate Planning
Most seniors believe they are just getting older, slower and more forgetful but certainly not disabled—no way. And why would they ever admit that anyway?
As physical and cognitive disabilities for seniors increase with age, it may be unclear when they have reached the stage where they are markedly restricted and qualify for the Disability Tax Credit (DTC). Their changed health situation can also make them financially vulnerable, but that is a topic for another day.
To qualify...