Get Canada Form On479 (5006-tc) - Ontario 2022-2025

If you paid a daycare center, babysitter, summer camp, or other care provider to care for a qualifying child under age 13 or a disabled dependent of any age, you may qualify for a tax credit of up to 35 percent of qualifying expenses of $3,000 for one child or dependent, or up to $6,000 for two or more children or ...

be eligible to claim the Child Care Expense Deduction. have a family income less than or equal to $150,000. be an Ontario resident at the end of the tax year.

Is this claimable on my tax return? Child care expenses are not claimable as a tax deduction. Eligible taxpayers may be able to claim the Child Care Tax Rebate (CCTR) through the Family Assistance Office.

If you lived with your spouse or common-law partner on December 31, only one of you can claim the property tax credit for both of you. If one spouse or common-law partner is 65 or older, that spouse or common-law partner has to claim the credit for both of you.

If you have children or other dependents under the age of 17, you likely qualify for the Child Tax Credit. This credit reduces your federal income tax bill by up to $2,000 per child for the 2019 tax year (new filing deadline: July 15, 2020).

The Ontario 2019 Budget brought in a new Ontario Childcare Access and Relief from Expenses (CARE) refundable tax credit, which would provide about 300,000 families with up to 75% of their eligible child care expenses. This tax credit will start with the 2019 tax year, and will be claimed on the tax return.

Eligible families can claim up to 75% of their eligible child care expenses, including services provided by child care centres, homes and camps. You will be able to claim this tax credit when you file your 2019 personal income tax return in 2020.

Ontario sales tax credit (OSTC) The OSTC helps low- to moderate-income individuals 19 years of age and older, and families, including single parents, with the sales tax they pay. The OSTC is paid as part of the OTB. You must be a resident of Ontario at the beginning of a month to receive that month's payment.

Canadian taxpayers can claim up to $8,000 per child for children under the age of 7 years at the end of the year. $5,000 per child for children aged 7 to 16 years. For disabled, dependent children of any age who qualify for the disability tax credit, the amount to claim for that child is $11,000.