On Schedule 11 on my child's return it indicates an amount that is available for transfer. However, when completing my return, the software indicates that the amount available to transfer is $0. How can I override this to put the available amount in line 32400 as instructed? Thank you!
The student claims the Tuition and Education Amount they’re entitled to on their tax return. If there is an amount left over when they’ve used their tax credits to bring their income tax payable down to zero, they can transfer the leftover amount to a parent, grandparent, spouse or, common-law partner, or their parent or grandparent.
Please verify that all steps have been followed to transfer the tuition.
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I found the place to enter the info. The problem is that even though my child's Schedule 11 indicates there is an amount available to transfer to another individual, entering that amount in TurboTax gives this error message "Maximum transferable amount for CHILD is $0.00". There is an amount owing on my tax return, therefore, I thought I should be able to have this reduced by including the transferable amount. Why the error message from TurboTax?
I have the same problem. Just spent and hour online with support and they told me it was a tax specialist issue, not a program issue. I have filed my son's taxes and his CRA account shows the assessment is complete and the amount to transfer. Looking for answers before I start our taxes all over again with a different program.
I figured it out! On the "Tell us about your Dependants" page which is a few pages back, make sure you enter the deduction information below "Do they qualify for a disability tax credit". I left those fields blank because I assumed they were for people claiming a disability tax credit, but they are not part of that question. I filled them in and boom...no longer saying zero!