Jump to content
Français
Search In
  • More options...
Find results that contain...
Find results in...

Why child's past year tuition leftover is not transferred to me or my wife this year?


dingfeng88888

Recommended Posts

My child (my dependent) had some tuition paid in 2015. In 2016 Ufile correctly transferred $5,000 to one parent (lower taxable income?) and there was some leftovers (less than $5,000). This year (2017) I can see the correct leftover tuition amount under my child's data, I picked "let Maxback decide" as last year, but I do not see the leftover tuition amount being used under me or my wife. The leftover amount is less than $5,000 so this year Ufile should claim it all. Can anyone help? Thanks a lot.

Link to comment
Share on other sites

Hello dingfend88888,

Re: unused tuition fees from 2016

According to CRA rules, a dependant can only transfer the unused tuition fees for current year to his/her parent.

But, the taxpayer (student) can use the 2016 unused amount in 2017 to reduce his/her payable taxes down to zero if needed or can keep them for next year.
 

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...