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May 1, 2024
Question

Does it make sense to transfer my daughter's tuition fees to me, and why?

  • May 1, 2024
  • 1 reply
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    1 reply

    TurboTaxSusan
    May 1, 2024

    The tuition transfer is a non refundable credit, so you can only use the tuition transferred from your child if you owe taxes. If you are getting a refund, then your daughter should keep the tuition for herself, as it will carry-forward to her future returns.