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Childcare Expenses off Campus 11 DOC Form

Childcare Expenses off Campus 11 DOC Form

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welcome to this tutorial on childcare expenses in this short tutorial we're going to go through an overview of how to calculate childcare expenses and then we're going to jump into a question followed by the solution let's go on to the next slide now childcare expenses are deduction under 3c when one is calculating their net income for tax purposes generally speaking childcare expenses can only be claimed by the lower income spouse and when we talk about lower income we're talking about net income for tax purposes now there are some exceptions if the lower income spouse let's say is in school in hospital in prison or has an infirmity then the higher income spouse is able to make a claim now with the lower income spouse their claim is the lesser of three amounts the actual amount paid the sum of what we call the annual child care expenses and thirdly two thirds of earned income now earned income is a defined definition so review that definition in

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