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New Member
posted Oct 31, 2019 4:25:56 AM

To transfer $5k to parent of T2202A -- Is it provincial OR federal or both at $5k?

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1 Replies
Level 11
Oct 31, 2019 4:25:57 AM

You can transfer up to $5K both federally and provincially. The rule is $5000 minus the amount the student uses on their return.