Child care expenses question
My wife didn't work last year, so besides universal child care payments she had no income. I worked full time and obviously was higher earner then her.
We have a daughter that was in full time pre-school. School sent us a receipt for $8500 for child care expenses.
Question: unless I'm missing something, child care expenses must be claimed by lower earning parent (in this case my wife) unless that parent was in school or something along those lines (none of conditions apply to my wife). That means that entire amount can not be transferred to me for a claim and it's pretty much getting wasted as my wife is not getting any sort of refund due to not earning enough.
This does not seem fair to me or am I missing something here?