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Rates for the Tax Credit for Childcare Expenses – 2024

If you are claiming the tax credit for childcare expenses for 2024, use the table below to find the rate that corresponds to your family income for the year. 

Table for determining the tax credit rates for your estimated family income for 2024
Estimated family income ($) Tax credit rate (%)
greater than to
0 24,110 78
24,110 42,515 75
42,515 44,085 74
44,085 45,670 73
45,670 47,225 72
47,225 48,805 71
48,805 116,515 70
116,515 or more 67
Note End of note

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