Amount of the Additional Contribution
Parents who signed a subsidized childcare agreement in 2016 or 2017 must calculate the additional subsidized childcare contribution in Schedule I of their 2017 income tax return.
The amount of the additional contribution is based on the following:
If your family income for 2016 or 2017 is $50,920 or less, you do not have to pay the additional contribution.
The amount of your additional contribution for 2017 is based on your family income for 2016, that is, your net income for 2016 plus that of your Spouse on December 31, 2017 (if applicable).
|Family income for 2016||Additional contribution|
|More than $50,920 but not more than $76,380||$0.70 per day for the first child and $0.35 per day for the second child|
|More than $76,380 but not more than $161,380||$0.70 to $13.45 per day for the first child and $0.35 to $6.73 per day for the second child|
|More than $161,380||$13.45 per day for the first child and $6.73 per day for the second child|