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.
Family income ($) | Tax credit rate (%) | |
---|---|---|
more than | less than or equal 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 |