How do I transfer my unused tuition credits to someone else?

by TurboTax• Updated 1 month ago

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:

TurboTax Online

Select Find from the menu, then enter students into the search bar.
Select Students from the search results, then select Go. The Your Student Profile screen appears.
Select Transfer of tuition and education to a spouse, parent or grandparent, then select Continue.
Select Done with Tuition Fees. Proceed through your return until the Transfer Tuition and Education (Federal) screen appears.
Follow the on-screen instructions to enter the unused amount of federal tuition you want to transfer, then select Continue.
If you live in a province that allows provincial tuition credits, you'll be prompted to enter those amounts next.

TurboTax Desktop

Select Find from the menu, then enter students into the search bar.
Select Students from the search results, then select Go. The Your student profile screen appears.
Select Transfer of tuition and education to a spouse, parent or grandparent, then select Continue. The Let's get you some tax breaks for going to school! screen appears.
Select Done With Tuition. Proceed through your return until the Transfer tuition (federal) step appears.
Follow the on-screen instructions to enter the unused amount of federal tuition you want to transfer, then select the person you want to transfer them to, and select Continue.
If you live in a province that allows provincial tuition credits, you'll be prompted to enter those amounts next.