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I have unused student interest from previous years and unused student tax credits from previous years. Can I use the interest as a deduction before the tax credit?
October 30, 2019
3:36 AM
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Seniors and students
Thank you for your question.
CRA has strict guidelines on how the credits are applied. The student(unused tuition) credits will be applied before the student loan interest.
October 30, 2019
3:36 AM