- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Should my (self-employed) spouse still owe provincial income tax, when he has unused tuition provincial tax credits that are available to transfer to me?
He has student amounts from previous years, but still owes tax. Turbotax makes it possible for him to transfer these amounts to me, but I understood that he had to use all the credits himself to take his tax owing to zero before he would be able to transfer any credits to a spouse. The amount owing is CPP, in case that is why....
Topics:
October 30, 2019
9:30 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Importing your data
You are correct about the CPP. If your spouse has Canada Pension Plan premiums due, tuition credits cannot be used to offset these premiums.
October 30, 2019
9:30 AM