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user000727032
February 11, 2022
Question

How to use tuition carry forward

  • February 11, 2022
  • 1 reply
  • 0 views
How can my tuition carry forward be used now

    1 reply

    S
    Sam_Tax
    February 11, 2022

    The amounts of unused credit are applied to reduce tax payable automatically. The Canada Revenue Agency (CRA) applies the available tuition amount carried forward every year to reduce your taxes to zero until it has all been used.

     

    Here is a TurboTax article that will be helpful: Understanding Tuition Tax Credits.

     

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