RESP to RDSP and Are private therapy expenses tax deductible?

[HighFive]

Experts, I am asking this question on behalf of my friend from Calgary who has an autistic kid in his family.
Kid was officially diagnosed in September 2014. Now here are their questions:

1. They had some contributions to RESP. In case kid wont be able to study in college/university can they move those funds into RDSP without any tax related problem ?

2. They are now thinking of treating kid with speech language sessions and ABA/IBI services, are those therapies tax deductible?
How deductible those are , like RRSP account contributions or just some % of total sum?? Is there limit on tax deductions for the therapies?

Kindly advise. Many thanks for your help in advance.

 

[scylla]

1. http://dwyertaxlaw.blogspot.ca/2012/04/those-who-care-for-or-work-with.html

2. No - this doesn't work like an RRSP contributions. They would include them as medical costs in their tax return. How much money they get back will depend on a number of variables including the income they make, the amount of medical expenses they are claiming, whether all of these expenses are qualify as medical deductions, etc. Best to speak with a tax professional.

 

[HighFive]

1. http://dwyertaxlaw.blogspot.ca/2012/04/those-who-care-for-or-work-with.html

2. No - this doesn't work like an RRSP contributions. They would include them as medical costs in their tax return. How much money they get back will depend on a number of variables including the income they make, the amount of medical expenses they are claiming, whether all of these expenses are qualify as medical deductions, etc. Best to speak with a tax professional.

Thanks scylla for your answer.