- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Seniors and students
Your child can transfer up to $5,000 of the tax credit, less the amount used to reduce tax owing. So if they reduced their tax owing by $1,000, the most that can be transferred is $4,000. The tuition amount can be transferred to their parent, grandparent, or spouse/common-law partner.
For more information, please see our TurboTax article link as Claiming a Tuition Amount From Your Child’s College
Thank you for using TurboTax
April 19, 2022
1:06 PM