What is Mood Disorder?
Mood disorders are a category of illnesses that describe a serious change in mood. Illness under mood disorders include: major depressive disorder, bipolar disorder (mania – euphoric, hyperactive, over inflated ego, unrealistic optimism), persistent depressive disorder (long lasting low grade depression), cyclothymia (a mild form of bipolar disorder), and SAD (seasonal affective disorder).
Signs & Symptoms of Mood Disorder
In addition to chronic low moods, common symptoms of this mood disorder include:
- Feelings of hopelessness or helplessness
- Trouble sleeping or daytime sleepiness
- Poor appetite or eating too much
- Fatigue or low energy
- Low self-esteem
- Trouble concentrating or making decisions
Treatment for Mood Disorder
When accurately diagnosed and treated, people with mood disorders can live healthy, stable lives.
For most individuals, mood disorders can be effectively treated with cognitive behavioral therapy (talk therapy), dialectical behavior therapy (a specific form of cognitive behavioral therapy) and medication. Antidepressant and mood-stabilizing medications may be used alone or in combination. Supplemental therapies found at a mood treatment center may include:
- Trauma resolution therapies (such as EMDR)
- Group psychotherapy
- Family therapy
- Equine-assisted therapy
- Acupuncture and massage therapy
Eligibility Criteria for Disability Tax Credit for Mood Disorder
One phrase you’ll see and hear repeatedly when applying for the DTC is “markedly restricted”. In short, a “markedly restricted” person is one who will have difficulties performing at least one of the following basic functions of daily life:
- Elimination of bowel and/or bladder
- Mental functions necessary for daily living
As mentioned, in order for the CRA to determine Disability Tax Credit eligibility, Part B of the DTC application must be filled out completely and correctly by the health practitioner most familiar with your situation. A relevant health practitioner may include an MD, a physiotherapist, an occupational therapist an optometrist an audiologist or anyone else with specific, specialized knowledge of your case.
The medical practitioner must take care to fill in all required fields and provide any supporting information CRA may request or require. Failure to comply with CRA requests or requirements will likely lead to the application being rejected.
How To Apply for Disability Tax Credit for Mood Disorder
To apply, our experts will assist you in filling out form T2201 where you will need to get your medical practitioner to complete this form. This will ask your doctor to describe how you are impaired by your disability. It is important to be descriptive in this section as a patient can be affected in a variety of ways by degenerative disc disease.
Disability Tax Credit Consultants at DCC can help to +claim this tax credit and collect up to $40,000 in disability tax credits.