TurboTax used the credit carryfoward from 2016 but did not calculate the 2017 credit. Per the SK information guide, 10% of the total eligible tuition amount will be allowable in each of the first four years. 2016 was the year the certificate was received. What should I have done differently in TurboTax for the credit to calculate correctly?
Could you give us a call? Our phone team may suggest a method for you to share your file with us so we can help figure out what went wrong. https://turbotax.community.intuit.ca/replies/3152013
Turbo Tax does not calculate Sask Graduate Tax Credit correctly.
Turbo Tax eliminates all Sask Taxes owing by applying the amount as a credit for Sask Graduate Tax. This is wrong.
The amount per year for 2021 is 10% of 20,000.00 or $2,000.00.
This error was existing on previous turbo tax software as well
Why is this not corrected.