Childcare Expenses: New Guide to Filing the RL-24 Slip

Need help preparing and filing your RL-24 slips? See the new Guide to Filing the RL-24 Slip: Childcare Expenses (RL-24.G-V).

The deadline for filing your slips for 2023 is February 29, 2024.

Who must prepare RL-24 slips?

You must prepare RL-24 slips if you provide childcare services (e.g., if you operate an unsubsidized daycare, a camp or a day camp) that qualify for the tax credit for childcare expenses. For more information, see page 5 of the guide.

Receipts

In accordance with our administrative policy, if you do not have a permit from the Ministère de la Famille or are not recognized by a home childcare coordinating office, you are not required to prepare an RL-24 slip if you meet either of the following conditions:

• Your annual gross childcare income is less than $5,000.
• You are under 18 on December 31.

If these conditions apply, you can issue a receipt to the parent who paid the childcare expenses.

Who needs an RL-24 slip?

You must give an RL-24 slip to every parent or person who paid childcare expenses so they can claim the tax credit for childcare expenses in their income tax return.

Do not prepare an RL-24 slip for someone who only paid the reduced contribution set by the government.

Source Link Revenu Québec – News