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Seniors and students
Is this a new rule? In previous years, my accountant only used certain amounts of my tuition credit and carried forward the rest. Why is that not an option in TurboTax? There is a "Tuition Fees Carryforward" option in the search menu and when I get to the page, it says "Your unused tuition amounts are used to reduce your tax payable to $0. You can carry any unused amounts forward until you need them." But then once I submit the amounts, the summary shows that the entire amount will be used and "Amount available to carry forward to future years" is 0.00. This contradicts what you are saying...
May 28, 2020
7:15 PM