Calculating the Tax Credit for Childcare Expenses

To calculate the tax credit for childcare expenses, multiply your qualifying expenses by the tax credit rate for your family income.

Qualifying expenses

The amount of your qualifying expenses is the lesser of the following:

Childcare expense limit

The childcare expense limit varies depending on the age and status of the child for whom you incurred childcare expenses. For 2018, the limit is:

  • $13,000 for an eligible child with a severe and prolonged impairment in mental or physical functions (as defined for purposes of the amount for a severe and prolonged impairment in mental or physical functions), regardless of the child's age;
  • $9,500 for an eligible child without a severe and prolonged impairment in mental or physical functions who was born after December 31, 2011;
  • $5,000 for an eligible child without a severe and prolonged impairment in mental or physical functions who was born after December 31, 2001, or has a mental or physical impairment.

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