Hi, my apologies if this has already been asked. I've searched the forum but could not find anyone with the same question.
I have shared custody of my kids (ages 10 and 11) with my ex-wife. We both individually pay the nanny for childcare for the time that they are with us (equal split of time). The nanny issues each of us receipts for the amounts paid to her.
In our situation, if we each pay the nanny $10500 for childcare (she earns $21000 altogether), can we EACH claim $10000 in childcare expenses for both kids (2x$5000 based on their ages) or is the limit of $5000 per child a hard limit regardless of the fact that we both incur these costs in order to be gainfully employed?
I've called the CRA on a number of occasions and have been told both yes and no to the question!
Anyone know the answer?
Thanks!
I have shared custody of my kids (ages 10 and 11) with my ex-wife. We both individually pay the nanny for childcare for the time that they are with us (equal split of time). The nanny issues each of us receipts for the amounts paid to her.
In our situation, if we each pay the nanny $10500 for childcare (she earns $21000 altogether), can we EACH claim $10000 in childcare expenses for both kids (2x$5000 based on their ages) or is the limit of $5000 per child a hard limit regardless of the fact that we both incur these costs in order to be gainfully employed?
I've called the CRA on a number of occasions and have been told both yes and no to the question!
Anyone know the answer?
Thanks!
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