Hi I just saw the new info about the Alberta Tuition fees tax credit and education amount , what does this mean that it is eliminated? Do i get actual money for it now?

Alberta has eliminated its tuition and education credits for 2020. This means that if you went to college or university (or similar) in 2020, you won’t be able to claim any tuition and education credits for this tax year. You will also not be able to transfer the tuition credit to a spouse, parent or grandparent.

If you have unused credit from previous years, you can still claim and use that, but you must have been a resident of Albert on December 31, 2019 to do so. You can also continue to carry forward unused amounts.

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Hi, in regards to the tuition fees in Alberta for 2020 that were eliminated, if we can not use this credit in 2020 are we going to be able to carry forward those credits to future tax years in order to not lose them??