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If you are taking care of an infirm family member, CRA has a new tax credit for you!

January 24, 2013 at 11:07 AM

FAMILY CAREGIVER TAX CREDIT

                        Effective January 1, 2012, the new Family Caregiver Tax Credit, a 15% non-refundable credit on $2,000, will provide tax relief to caregivers of mentally or physically infirm dependent relatives, including, for the first time, spouses, common-law partners, and minor children.

Tax Tips & Traps 2013