Children's Fitness Tax Credit

[Exquizique]

Can an NCP claim the Federal Children's Fitness Tax Credit on their return or is this something only a CP or the parent with the lower net income can claim (like childcare expenses)?

[HammerDad]

Only the CP can claim the fitness credit. However, that credit needs to be worked into the figures when determining each parents proportional share.

If the activity is $500 (the max credit) and you each make the same amount of money and the credit gives the CP $75 back. The actual cost of the activity (not including any other tax rebates) is $425, which you split 50/50.

Essentially, your ex pays more up front, but gets it back at tax time.

[Exquizique]

Ahhh thanks Hammerdad! Exactly the information I was looking for