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New Member
posted Oct 30, 2019 3:36:03 AM

I have unused student interest from previous years and unused student tax credits from previous years. Can I use the interest as a deduction before the tax credit?

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1 Best answer
Level 6
Oct 30, 2019 3:36:04 AM

Thank you for your question.

CRA has strict guidelines on how the credits are applied. The student(unused tuition) credits will be applied before the student loan interest.

1 Replies
Level 6
Oct 30, 2019 3:36:04 AM

Thank you for your question.

CRA has strict guidelines on how the credits are applied. The student(unused tuition) credits will be applied before the student loan interest.