As a student, what deductions, credits, and expenses can I claim on my tax return?
SOLVED•by TurboTax•56•Updated 1 week ago
As a student, you might be able to claim a variety of credits and expenses on your tax return. This video helps to highlight some of the best practices we recommend when filing your return as a student, and we've also compiled a list of common credits, expenses and exemptions for you below:
Claim this credit if you paid $100 or more in tuition for courses you took at a post-secondary educational institution and for occupational skills courses you took at a designated institution.
Claim provincial education credit if your province of residence is British Columbia (tax year 2018 is the last year this credit is available for BC), Alberta, Manitoba, Prince Edward Island, Nunavut, or Northwest Territories. You need a completed T2202A or TL11 form to claim this credit.
Claim moving expenses if you studied at a post-secondary institution full-time, moved at least 40 kilometers closer to your school, and received scholarships, bursaries or other prizes that were included in your taxable income.