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why is my tuition amount available to transfer $0? My tuition amount is $4300 and I'd like to transfer to my parent.

 
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why is my tuition amount available to transfer $0? My tuition amount is $4300 and I'd like to transfer to my parent.

If you have income and you owe CRA then your Tuition fee will automatically gets applied to bring your owing down. It is a non-refundable credit. It can only bring your owing down but cannot give you a refund back. Please refer to this CRA link. Your unused Tuition fee will be carried forward automatically to the next year or can be transferred to your parents.

 

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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