TurboTax

File with experts
File your taxes
Experts at your fingertips

An expert helps with your taxes, or does them for you
TurboTax Expert Full Service

TurboTax Expert Assist

TurboTax Self-Employed
Prior year taxes
File myself
File myself
Do it yourself

We'll guide you step-by-step
TurboTax Do It Yourself

TurboTax Self-Employed

TurboTax Desktop
TurboTax Free

Activate your product

Prior year taxes
Business
Business
Business taxes

Get your T2 corporate return done right, your way
TurboTax Business

TurboTax Business Desktop
Tax situations
Tax situations
Tax situations

Find extra guidance for your big life moves
For investors

For 25 and younger

For self-employed

For new to Canada

For life changes
Resources
Resources
Resources

Explore tax tools, get tips, and read reviews
Personal income tax calculator

RRSP savings calculator

Learning hub

TurboTax support (FAQ)

TurboTax community
Pricing

Community

Question

Am I eligible for a tax break if I am a full time student getting my masters degree in social work?

Forum|Forum|3 years ago
March 17, 2023
1 reply
0 views

No text available

TurboTax Free Edition Online

Employee

Probably not.

There is a refundable education credit (the American Opportunity Tax Credit - AOTC or AOC), but it's only available to undergrads (and in most cases only the student's parents are eligible for it).

Grad students are eligible for the Lifetime Learning Credit (LLC). It is a nonrefundable credit. That is, it may only be used to offset an actual tax liability. The LLC is 20% of tuition paid, up to $10K. To claim it, on your return, you must not be claimed as a dependent on anyone else's tax return.