Once a student uses their tuition amounts to reduce your own federal (and provincial) tax payable, you can choose to transfer any remaining amounts to one of the following people: Your spouse or common-law partner. Your parent or grandparent or. Your spouse's or common-law partner's parent or grandparent. The maximum you can transfer from a students unused tuition fee is $5000 per Tax Year. How to Claim Unused Tuition and Education Tax Credits
In order to transfer your unused tuition credits to someone else, you'll first need to inform them of the precise amount(s) so that they can claim them on their own tax return. The first step is to enter your income information into TurboTax, then claim your tuition fees. TurboTax will then automatically calculate the maximum amount of credits you may transfer to another party.
Refer to the following steps for instructions on how to transfer your unused tuition credits in TurboTax: How do I transfer my unused tuition credits to someone else?
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If my son is over 18, still living with me, and a full-time student, he would not typically be considered a dependent for tax purposes. However, to transfer his tuition credits to me as a parent, the amount should still be reported under the dependent section of my tax return.
Hi @NiloofarSH ,
I'd like to know if you received reply about this question because I am in the same situation and I didn't find answer
Thanks
Hello @kaisdeco
No I never received a reply to this question .
@kaisdeco Once a student uses their tuition amounts to reduce your own federal (and provincial) tax payable, you can choose to transfer any remaining amounts to one of the following people: Your spouse or common-law partner. Your parent or grandparent or. Your spouse's or common-law partner's parent or grandparent. The maximum you can transfer from a student's unused tuition fee is $5000 per tax year. How to Claim Unused Tuition and Education Tax Credits
In order to transfer your unused tuition credits to someone else, you'll first need to inform them of the precise amount(s) so that they can claim them on their own tax return. The first step is to enter your income information into TurboTax, then claim your tuition fees. TurboTax will then automatically calculate the maximum amount of credits you may transfer to another party.
Refer to the following steps for instructions on how to transfer your unused tuition credits in TurboTax: How do I transfer my unused tuition credits to someone else?
To ADMIN.
The question is where and how to enter tuition being transferred TO a parent. There is no line where you are asked if tuition was transferred to you.
TO ADMIN
Thank you for your reply; however, it's not my (our) question.
I know how my son can transfer part of his tuition because we made it the last year. Also, I know he only can transfer max $5000.
The question is he is over 18 years old. He is full-student. Based on the some specification on the web site he can't be my dependent because he is over 18 and he doesn't have a dissability. So, can he transfer part of his tuition (Max $5000)? If so, then we have to include him as dependent or not? Becaude if I can't add him as that how I can claim that trasfer? Or Can't he transfer his portiom of tuition to his parents?.
Thanks
Please see these TurboTax Canada FAQ for more info on how to transfer tuition in TurboTax:
How do I transfer my unused tuition credits to someone else?
How do I enter tuition transferred from my spouse/partner or child
How much of my child's or spouse's unused tuition credits can be transferred to me?