For the period of July 2012 to June 2013, the maximum amount is $2,575 ($214.58 per month) for each child eligible for the disability tax credit (DTC).
The CDB starts being reduced when the adjusted family net income is more than $42,707. The deduction is calculated as follow:
- One child: 2% of the amount of adjusted family net income that is more than $42,707.
- Two or more children: 4% of the amount of adjusted family net income that is more than $42,707.
At what level of income, you no longer receive CCTB?