In 2013, Ontario introduced a tax credit to encourage the independence of seniors by making their homes more accessible, functional and comfortable. The Healthy Homes Renovation Tax Credit lets those aged 65 or older claim up to $10,000 of home accessibility modifications for a tax credit of up to $1,500. Those living with a senior family member can also qualify for the credit and all income levels are eligible. Not just any home renovation qualifies. The modifications should be made to help seniors be more mobile in the home and reduce the risk of injury. The renovations that qualify for this tax credit also serve as an excellent guide on how to make a home more senior-friendly. Visit Ontario.ca/healthyhomes for a full list of qualifying renovations and to learn more about the program.
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