Question
Child Care Payment and Self Employed Parent
One Parent has over 100k Employment Income
And other one has Loss for his Business Activity ( Fee earned say around $9,000)
According to CRA, only lower income parent can claimed Child care expenses.
**Actual payment made to Daycare 12,000 for the year
**Statuary Limit is $8,000
**(2/3) of Net Earned Income for Self Employed Parent is 0 (in this case)
Least amount in three item is 0
My Question is that tough both are working and paying daycare, Are they going to get nothing for daycare expenses?
