Your child can transfer up to $5,000 of the tax credit, less the amount used to reduce tax owing. So if they reduced their tax owing by $1,000, the most that can be transferred is $4,000. The tuition amount can be transferred to their parent, grandparent, or spouse/common-law partner.
For more information, please see our TurboTax article link as Claiming a Tuition Amount From Your Child’s College
Thank you for using TurboTax
sprodrigues-shaw
Returning Member
sprodrigues-shaw
Returning Member
dper1
New Member
flickaflair
New Member
vicpospiech
New Member
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.