I received an audit alert for tuition transfer from my children being over $5,000.00. Why wouldn't turbo tax adjust this. I have two students tansfers.

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1 Best answer

Level 6

Oct 30, 2019 5:26:42 AM

You will not be audited.

If you have two students, it is perfectly OK to have them transfer each $5000 to you for a total of $10,000 tuition transfer. I've done it myself, and the then CRA just wanted to see T2202A slips.

God knows I worked long hours to keep them in school, so the credit was earned,

As is yours I've no doubt!

Level 6

Oct 30, 2019 5:26:42 AM

You will not be audited.

If you have two students, it is perfectly OK to have them transfer each $5000 to you for a total of $10,000 tuition transfer. I've done it myself, and the then CRA just wanted to see T2202A slips.

God knows I worked long hours to keep them in school, so the credit was earned,

As is yours I've no doubt!

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I received an audit alert for tuition transfer from my children being over $5,000.00. Why wouldn't turbo tax adjust this. I have two students tansfers.