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Medical Expense Tax Credit for Fertility Treatment


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#1 Highest hopes

Highest hopes
  • Global 100+
  • 660 posts
  • Gender:Female
  • Dx:Endometriosis
  • My Clinic:McGill, OriginElle, Aurora, & RUH

Posted 10 April 2017 - 12:41 PM

Hi, wondering if anyone knows more detail about the new tax law that allows for non-medically necessary fertility treatments to be written off going back 10 years.

 

"This measure will apply to the 2017 and subsequent taxation years. A taxpayer will
be entitled to elect in a year for this measure to apply for any of the immediately
preceding ten taxation years in their return of income in respect of the year."

http://www.budget.gc...les-2017-en.pdf

 

I'm not clear on what it means where it says "A taxpayer will be entitled to elect in a year for this measure"...

Does this mean you choose 1 year to account for everything paid in the 10 year period?

 

For the  preceding 10 year period, does it mean 2007-2016?

 

If I paid for a 3 cycle package in 2006, but one of the cycles took place in 2007, could I claim that portion (one-third) for 2007?

 

Thanks very much.


Dx: Age & Endometriosis & Tubal

IUI & IVF & FET = BFN
Pinterest.com/aquablueglow


#2 Highest hopes

Highest hopes
  • Global 100+
  • 660 posts
  • Gender:Female
  • Dx:Endometriosis
  • My Clinic:McGill, OriginElle, Aurora, & RUH

Posted 10 April 2017 - 12:41 PM

Cross-posted here:

https://ivf.ca/forums...nse-tax-credit/

 

...in case the fertility lawyer can advise.


Dx: Age & Endometriosis & Tubal

IUI & IVF & FET = BFN
Pinterest.com/aquablueglow