Solved: If child at school and part time working, could en...

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

Français English
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
New Member

If child at school and part time working, could entire tuition be transferred to single parent, who paid tuition, or only unused portion of tuition can be transferred?

 
1 Best answer

Accepted Solutions
Highlighted
Moderator

If child at school and part time working, could entire tuition be transferred to single parent, who paid tuition, or only unused portion of tuition can be transferred?

First, any tuition that the child may have must be used to reduce their own tax payable. If they have any left over, or they have no tax payable then they can transfer the tuition to a parent. However, that parent can also only use the transferred tuition to reduce their tax owing. If the parent owes nothing, or is getting a refund, then they can’t use the transfer, even if they are the parent who actually paid the tuition.

Here is how to enter tuition transferred from a spouse or child: https://turbotax.community.intuit.ca/replies/2647703


View solution in original post

3 Replies
Highlighted
Moderator

If child at school and part time working, could entire tuition be transferred to single parent, who paid tuition, or only unused portion of tuition can be transferred?

First, any tuition that the child may have must be used to reduce their own tax payable. If they have any left over, or they have no tax payable then they can transfer the tuition to a parent. However, that parent can also only use the transferred tuition to reduce their tax owing. If the parent owes nothing, or is getting a refund, then they can’t use the transfer, even if they are the parent who actually paid the tuition.

Here is how to enter tuition transferred from a spouse or child: https://turbotax.community.intuit.ca/replies/2647703


View solution in original post

Highlighted
New Member

If child at school and part time working, could entire tuition be transferred to single parent, who paid tuition, or only unused portion of tuition can be transferred?

All my and my daughter's (she has no taxable income) entries match the instructions, but when I get to the transfer entries I get red icons on both federal and provincial boxes and notes that my transfers from my daughter are zero

Highlighted
Moderator

If child at school and part time working, could entire tuition be transferred to single parent, who paid tuition, or only unused portion of tuition can be transferred?

To correctly calculate the tuition credit from your dependant, the amount from the Tuition Transfer Amount page must be completed form your dependents tax return and TurboTax will compute the maximum credit available to you.

 

If you choose to manually change the Tuition amount transfer, to more than the maximum available, you will experience an error message in red. Review your daughter's tax return make sure you are entering from the correct line and form, in this case, her Schedule 11 and TurboTax will calculate maximum credit available to you.

v