The Retroactive Goldmine How to Claim 10 Years of Missing Medical Credits скачать в хорошем качестве

The Retroactive Goldmine How to Claim 10 Years of Missing Medical Credits

In this video, Jack from Retire Smart Canada breaks down the exact three-layer system — The Retroactive Medical Shield — used to help a 71-year-old Ontario senior recover $17,200 in missed tax credits. You'll learn which medical expenses qualify under CRA guidelines (far more than most Canadians realize), how to rebuild up to a decade of documentation even without original receipts, and how to correctly file T1 Adjustment Requests to trigger reassessments without putting your return at risk. Whether you're navigating CPP, OAS, GIS clawback thresholds, or the 2026 tax-year changes under the Income Tax Act, this is the retirement tax strategy Service Canada will never proactively tell you about. ━━━━━━━━━━━━━━━━━━━ 📌 CHAPTERS ━━━━━━━━━━━━━━━━━━━ 00:00 — Introduction: The Credit Most Seniors Never Claim 01:12 — Margaret's Story: $11,400 Left on the Table 02:18 — Layer 1: The Eligibility Sweep (Who & What Qualifies) 04:05 — Layer 2: The Document Dragnet (4 Sources to Rebuild Your Records) 06:02 — Layer 3: The T1-ADJ Firewall (Filing Step by Step) 07:48 — The $25,000 Secret: Stacking the Disability Tax Credit (DTC) 09:15 — Your 3 Action Steps Before the 2026 Deadline ━━━━━━━━━━━━━━━━━━━ 🔑 KEY HIGHLIGHTS ━━━━━━━━━━━━━━━━━━━ ✅ How to amend up to 10 previous tax years using the CRA T1 Adjustment Request (T1-ADJ) ✅ The full list of eligible medical expenses 80% of seniors overlook — walk-in tubs, CPAP supplies, compression stockings, home modifications & more ✅ How to get a 10-year prescription history from your pharmacy (Shoppers, Rexall, Pharmasave) ✅ How to use bank statements, provincial health portals (MyChart / Health Gateway), and insurance EOBs as CRA-accepted proof ✅ How to protect your OAS and GIS from clawback by strategically managing net income through the METC ✅ How the Disability Tax Credit (T2201) stacks retroactively with METC for recoveries of $15,000–$28,000+ ✅ The correct filing order (newest year first) to avoid GIS eligibility disruptions ✅ 2025–2026 thresholds: METC floor of $2,759, OAS clawback at $93,454 net income, CPP indexing at 2.0%