Jen15
Returning Member

Is there a limit on daycare expense for 2022

My child was 3 years old in 2022. I rushed to submit my tax and I had reviewed my tax with one of the Turbo tax expert. However, I read on CRA website the there is a cap or limit. I’m confused and concerned

Credits and deductions

Hi Jen, 

 

Yes, there is a limit on claiming daycare expenses. The maximum child care expenses that can be claimed per child each year is limited to $5,000$8,000 or $11,000 depending on the circumstances. To learn more about your eligibility, please visit: https://www.canada.ca/en/revenue-agency/services/tax/technical-information/income-tax/income-tax-fol...

 

Best of luck!