Tax guides › Family and children
Family benefits depend on both parents' tax returns, are recalculated every July, and interact with deductions such as child care and RRSP contributions. These guides explain how the benefits are worked out and what parents tend to miss.
Start with the first-year checklist if you have just had a baby. The RESP guide is in the TFSA, RRSP and RESP topic.
Apply for the Canada child benefit as soon as the birth is registered. Keep both parents' tax returns filed every year, because the benefit is recalculated each July from the previous year's income.
You can deduct child care paid so you could work, run a business or study, but the claim is capped three ways.
The Canada child benefit is reduced by a percentage of family income above $38,237.
Approval of the disability tax credit opens five things. The child disability benefit, up to $3,480 a year for July 2026 to June 2027, paid automatically with the Canada child benefit.
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