child does not need tuition amount to lower tax paid, going to transfer to parent who has enough deductions not to have to pay, is this amount then wasted on parents tax

1037

Returning Member

Apr 30, 2025 11:05:18 AM

no transfer is required in this, tuition credit will be carried forward to future years to be used BY CHILD (after rollover , it cant be transferred to anyone)

Why sign in to the Community?

child does not need tuition amount to lower tax paid, going to transfer to parent who has enough deductions not to have to pay, is this amount then wasted on parents tax