Open TurboTax

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

cancel
Showing results for 
Search instead for 
Did you mean: 

I am filing my taxes for first time, should I carry forward tuition tax credit or transfer to my parents?

Both my parents have a tax refund for 2023 and have 0 tax obligation and 0 refunds
1 Reply

I am filing my taxes for first time, should I carry forward tuition tax credit or transfer to my parents?

If you don't need to use your tuition to reduce your taxes payable, then your tuition will automatically be carried forward.

 

If your parents are both getting tax refunds, then they can't use your tuition. It will just be lost if you transfer it to them.