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mercedes-peters
April 28, 2025
Question

I have thousands of tuition credits, why do I still owe?

  • April 28, 2025
  • 1 reply
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    1 reply

    AveenP
    AveenP
    April 30, 2025

    Utilizing a tuition credit may not entirely eliminate your tax liability, but it can significantly reduce what you owe. The extent of this reduction depends on your overall income. For a more detailed exploration of how tuition credits can impact your tax situation, please refer to the following article provided by TurboTax: Canada Training Credit. The resource offers an in-depth look at eligibility, calculations, and other crucial factors.

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