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    redsevenrascal29
    New Member

    Will this software allow me to carryover education credits from 2016 and 2017 as I am already receiving a substantial refund?

     
    posted
    ‎October 30, 2019 10:12 AM
    last updated ‎October 30, 2019 10:12 AM
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    TurboTaxMary-Ann1
    Level 13

    Will this software allow me to carryover education credits from 2016 and 2017 as I am already receiving a substantial refund?

    Yes, TurboTax will only apply the number of tuition credits that are necessary to reduce your net federal and net provincial tax to zero or as close to zero as possible.  The rest will automatically carry forward.

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    ‎October 30, 2019 10:12 AM
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    1 Reply
    TurboTaxMary-Ann1
    Level 13

    Will this software allow me to carryover education credits from 2016 and 2017 as I am already receiving a substantial refund?

    Yes, TurboTax will only apply the number of tuition credits that are necessary to reduce your net federal and net provincial tax to zero or as close to zero as possible.  The rest will automatically carry forward.

    ‎October 30, 2019 10:12 AM
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