If you or a family members suffer from psoriasis or eczema, or if you are medically required to use a CPAP machine, the installation of a water purification system may produce a tax advantage for you. We all want to save money on our taxes, but what if you could clean up your drinking water and save money on taxes at the same time. Form T2201 may be exactly what you’re looking for.
Canadian tax form T2201 is a disability tax credit certificate.
Certain health conditions or in certain water quality situations, could make use of the T2201 form to allow for a tax credit or tax deduction.
Speak with one of our water experts to find out more.