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New Member
posted Apr 28, 2025 9:43:23 AM

I have thousands of tuition credits, why do I still owe?

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1 Replies
Returning Member
Apr 30, 2025 9:09:26 AM

Utilizing a tuition credit may not entirely eliminate your tax liability, but it can significantly reduce what you owe. The extent of this reduction depends on your overall income. For a more detailed exploration of how tuition credits can impact your tax situation, please refer to the following article provided by TurboTax: Canada Training Credit. The resource offers an in-depth look at eligibility, calculations, and other crucial factors.