In typical situation, where the child lives with both parents, the child care expense deduction has to be claimed by the lower-income parent (there are exceptions). Here is the maximum amount that can be claimed as a tax deduction: (click here for changes in 2015)
- $10,000 per eligible child who qualified for disability tax credit (required certification of disability on form T2201) regardless of age, plus
- $7,000 per eligible child under age 7 on December 31, plus
- $4,000 per eligible child aged 7 to 16 on December 31, plus
- $4,000 per eligible child aged over 16 on December 31 with a mental or physical impairment but not qualified for disability credit.