Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Feb 27, 2024 10:09:23 AM

Entering Tuition Fees for my daughter didn't change anything for her tax refund. Does it benefit me (her mom) to have the transfered to me instead?

Should she save them when she has more tax being deducted and claim them next year for example?

0 1 560
1 Replies
Intuit Alumni
Feb 27, 2024 10:15:21 AM

Yes, this is why the ability to forward the non used tuition is useful to lower your daughter's taxes when she does start working. The Canada Revenue Agency (CRA) will continue to apply the tuition carry-forward each year to lower her taxes, till there is no more left to use. 

On the other hand if you are paying for the tuition and expenses, your daughter may wish to transfer it to you to lower your taxes.

 

Thank you for choosing TurboTax.