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New Member
posted Feb 23, 2021 9:18:19 PM

How do I add student loan interest?

0 1 939
1 Best answer
Level 4
Apr 10, 2021 1:47:18 PM

To claim the non-refundable tax credit for student loan interest:

  • Enter the amount of eligible interest you paid on line 31900 of your income tax return.
  • Claim any corresponding provincial or territorial credits. You may claim those credits by entering the amount of your student loan interest on line 5852 of your provincial income tax return, while Quebec residents will apply this amount to line 385 of their TP1.

For more information, you can go to the link below:

https://turbotax.intuit.ca/tips/claiming-student-loan-interest-on-your-tax-return-5588#:~:text=To%20claim%20the%20non%2Drefundable,of%20your%20income%20tax%20return.

 

Thank you for using Intuit Turbotax.

1 Replies
Level 4
Apr 10, 2021 1:47:18 PM

To claim the non-refundable tax credit for student loan interest:

  • Enter the amount of eligible interest you paid on line 31900 of your income tax return.
  • Claim any corresponding provincial or territorial credits. You may claim those credits by entering the amount of your student loan interest on line 5852 of your provincial income tax return, while Quebec residents will apply this amount to line 385 of their TP1.

For more information, you can go to the link below:

https://turbotax.intuit.ca/tips/claiming-student-loan-interest-on-your-tax-return-5588#:~:text=To%20claim%20the%20non%2Drefundable,of%20your%20income%20tax%20return.

 

Thank you for using Intuit Turbotax.