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Everything you need to know about claiming COVID-19 costs on your taxes

By  External Author |   | Posted in " Ontario, Bookkeeping services, Corporate tax return services, London, Payroll services, Personal tax return services, Professional Accountant, Tax consultant, Tax return preparation services "

Non-medical masks don't qualify for the medical expense tax credit, the CRA has said. The Canada Revenue Agency this week issued two technical interpretations providing taxpayers with some guidance on whether various COVID-19-related expenses could qualify for the medical expense tax credit (METC).

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Original Article Source Credits: financial post, https://financialpost.com

Article Written By: Jamie Golombek

Original Article Posted on: Jul 08, 2021

Link to Original Article: https://financialpost.com/personal-finance/taxes/everything-you-need-to-know-about-claiming-covid-19-costs-on-your-taxes

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