VANCOUVER - Personal tax experts are reminding Canadians to claim all of the tax credits they may be eligible for when they file their income tax return this year including the new climate-related tax credit and other oft-forgotten deductions. Energy Star certified LED light bulbs are shown at a Canadian Tire store in Ottawa following a press conference on the Climate Action Incentive on Monday, March 4, 2019. Residents of four provinces need to remember to include the new climate action incentive on their 2018 tax returns, and all Canadians should be aware of some oft-forgotten deductions, personal tax experts warn as the deadline for most Canadians to file their income tax returns nears. Canadians who paid for prescriptions or other medical items that were not fully reimbursed by a health plan can receive a non-refundable tax credit, she said. People also tend to be unaware of caregiver tax credits, said Debbie Pearl-Weinberg, executive director of tax and estate planning at CIBC.
Source: thestar March 21, 2019 13:52 UTC