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Is there a limit to how much one can claim for prescription medications?

Can I claim an amount for prescription medications that is greater than $5000.00
1 Reply
Dhiv
Returning Member

Is there a limit to how much one can claim for prescription medications?

Hello,

 

Yes you can claim the the lesser of the following amounts: 3% of your net income or $2,635

 

https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-re...

 

Hope this helps!