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Seniors and students
TurboTax automatically calculates the maximum amount you can claim and subtracts it from your tax balance owing.
This is a Canada Revenue Agency(CRA) rule that has been in place for many years. You have to use any of the tuition amounts this year to reduce your tax payable, they will be applied to your return automatically by CRA, even if you attempt to carry them forward.
TurboTax will apply the needed amount to reduce your tax payable to zero this year and carry forward any excess to future years. Then CRA will automatically apply as needed. If you can use all your credits in a particular tax year, you are required to do so. You cannot spread them out over a number of years or wait to claim them.
For more information, please click:
TurboTax How do I claim the amount for full-time post-secondary studies (RL-8)?
Thank you for choosing TurboTax.