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Specifically, the CRA was asked whether masks, COVID-19 testing and the cost of a foreign-administered vaccine would be eligible expenses. Before reviewing the CRA’s comments, let’s go over the general rule for claiming medical expenses on your tax return.
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For the 2021 tax year, valid medical expenses qualify for a 15-per-cent federal METC and a provincial credit, provided they exceed a minimum threshold equal to the lesser of three per cent of your net income or $2,421.
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Everything you need to know about claiming COVID-19 costs on your taxes
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