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New Member
posted Feb 14, 2023 10:58:27 AM

I am doing taxes from 2021 - small business revenue with expenses (student) and tuition to add. When I add in my tuition, it goes from a refund to owing. Why is this?

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1 Replies
Moderator
Feb 26, 2023 4:24:30 PM

What likely happened is that when you put in your income, TurboTax claimed the Canada Workers Benefit (CWB) (aka the Working Income Tax Benefit) for you. This is a refundable tax credit for people who work, but don’t make very much. However, students are usually not eligible for this credit, so when you added your tuition, then the CWB was removed, lowering your refund.