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Thursday, January 20, 2011

Childcare tax question

How much you can deduct for childcare expenses? If you paying $x per month, how much do you get back on your taxes? Which spouse should claim the deductions? 

http://www.cra-arc.gc.ca/E/pbg/tf/t778/t778-10e.pdf

an excellent 4 pages in detail on the topic. if you have child care expenses every year like I do, you may want to educate yourself. it is just a quick 15 min reading but very informative knowledge.

have fun.