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March 31, 2025
Question

when transferring tuition credits to parents, how do I get the slip when I'm done?

  • March 31, 2025
  • 1 reply
  • 0 views
like when finish my return am I sent it via email or?

    1 reply

    TurboTaxAniqua
    April 2, 2025

    If you are transferring any tuition fees to your parents, it will be done while preparing your return, and you will indicate that amount transferred within your return. There will be no slip that will be issued.

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

     

    Thank you for choosing TurboTax.