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New Member
posted Apr 17, 2022 9:59:12 PM

Why the amount allowable provincial tuition transfer from my son did not let me to entry max amount on my return? my son want to transfer all max amount to me

my son wants to transfer all allowable provincial tuition to me say $3000. but when I enter into my tax return, the  turbo tax the max is $2500. Is there a bug?  I still have room to reduct my tax.  Shall I only claim $2500.  the left over $500 for my son to carry forward?

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Level 3
Apr 19, 2022 6:25:02 AM

As per our TurboTax FAQ Frequently asked questions about transferring and carrying forward tuition and education amounts.

The Canada Revenue Agency (CRA) requires that a student claim any of their tuition fees on their own return first, regardless of who paid them. Once the student’s tax owing is reduced to zero, they can then transfer leftover amounts to their spouse/partner, parent or grandparent, or to their spouse’s parent or grandparent.

 

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