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Mbraham
New Member

What is the tuition provincial amount allowed to be transferred to a parent in 2017

turbo tax transferrable amount is 5008.39 but government website says 7003

1 Reply

What is the tuition provincial amount allowed to be transferred to a parent in 2017

The maximum amount of tuition transfer to a parent provincially in Ontario is $7,003 minus the amount used by the student to reduce their tax payable to zero. Check the student's provincial Schedule 11 to see how much tuition credit was used on their return.

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