Nanny Expense for Child Care Expense T778 or T2125
Good morning,
I have a nanny that I paid near Full-Time for 2021. I have setup a Pay-Roll under my name and I also have some other sites business which needs the Pay-Roll number.
1 - My nanny cost is around 18K this year (yes, very expensive).
2 - My child care expense deduction is limited to 8K.
3 - The care giver does not only care the kid, but they also do some light chores in the house including cooking and cleaning.
My question is
A - can I report my expense of her income into T2125 as a wage/expense? 100% ? or that I have to splitted her hours based on looking under my kid vs the cleaning time ( 66% / 33% )
B - I can only report her amounts 100% on the child care Expense.
C - I am her employer - I paid also her EI/CPP and Employer copy of that. (which is another near $3000)
What's the legal approach for this? Can I split her incoming between T778 and T2125 or that it has to be 100% on the T778 or T2125.
The key part is that I also run some small income with the same PayRoll numbers and other (wage payout). Does Nanny can be count into my wage expense (T2125) like other pay-out.
Thanks,
I have a nanny that I paid near Full-Time for 2021. I have setup a Pay-Roll under my name and I also have some other sites business which needs the Pay-Roll number.
1 - My nanny cost is around 18K this year (yes, very expensive).
2 - My child care expense deduction is limited to 8K.
3 - The care giver does not only care the kid, but they also do some light chores in the house including cooking and cleaning.
My question is
A - can I report my expense of her income into T2125 as a wage/expense? 100% ? or that I have to splitted her hours based on looking under my kid vs the cleaning time ( 66% / 33% )
B - I can only report her amounts 100% on the child care Expense.
C - I am her employer - I paid also her EI/CPP and Employer copy of that. (which is another near $3000)
What's the legal approach for this? Can I split her incoming between T778 and T2125 or that it has to be 100% on the T778 or T2125.
The key part is that I also run some small income with the same PayRoll numbers and other (wage payout). Does Nanny can be count into my wage expense (T2125) like other pay-out.
Thanks,