age limit to claim child care expenses
You may be able to claim the child and dependent care credit if you paid expenses for the care of a qualifying individual to enable you and your spouse filing a joint return to work or actively look for work. You may not take this credit if your filing status is married filing separately. For child care expenses to qualify, your child must be a dependent under the age of 13 when the child care is provided. (There is no age limit if your child is disabled.) You must be able to claim an exemption for this child on your federal tax return. To be able to claim the credit for child and dependent care expenses, you must file Form 1040, Form 1040A, or Form 1040NR, not Form 1040EZ or Form 1040NR-EZ, and meet all the following tests. The care must be for one or more qualifying persons who are identified on Form 2441. (See Qualifying Person Test. Topic 602 - Child and Dependent Care Credit. You may be able to claim the child and dependent care credit if you paid expenses for the care of a qualifying individual to enable you and your spouse filing a joint return to work or actively look for work. Annual limit for child care expenses based on income The claim for child care expenses cannot exceed two-thirds of your earned income for the year. The above limits can be found in the Canada Revenue Agency (CRA) form T778 Child Care Expenses, which is filed with the tax return to make a claim for child care costs. How Much to Claim. Canadian taxpayers can claim up to $7,000 per child for children under the age of 7 years at the end of the year, and $4,000 per child for children aged 7 to 16 years. For disabled, dependent children of any age who qualify for the disability tax credit, the amount to claim for that child is $10,000. If you qualify for the credit, complete Form 2441 (PDF), Child and Dependent Care Expenses, and Form 1040 (PDF) or Form 1040A (PDF). If you received dependent care benefits from your employer (amount is shown on your Form W-2 (PDF)), you must complete Part III of Form 2441. Child care. For child care expenses to qualify, your child must be a dependent under the age of 13 when the child care is provided. (There is no age limit if your child is disabled.) You must be able to claim an exemption for this child on your federal tax return. If you exclude or deduct dependent care benefits provided by a dependent care benefit plan, the total amount you exclude or deduct must be less than the dollar limit for qualifying expenses (generally, $3,000 if one qualifying person was cared for or $6,000 if two or more qualifying persons were cared for). There is a dollar limit on the amount of your work-related expenses you can use to figure the credit. This limit is $3,000 for one qualifying person, or $6,000 for two or more qualifying persons. If you paid work-related expenses for the care of two or more qualifying persons, the applicable dollar limit is $6,000.
13 years