If I have a $10,000. transfer tuition from my children, how would this affect my taxable income
Tuition credits are non-refundable tax credits which help to reduce any net federal or net provincial tax that you may have owing. Tuition credits will not reduce your taxable income.
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.
Sign In
Canada (English)
EN
