How do I enter tuition transfer from dependants in Profile?

I have entered the tuition amount in the transfer from dependants section under tuition fees.  Is that enough, or do I need to fill out a T2202A for my dependant as well?  And is it possible to split the tuition between my wife and I?  There is also a box at the bottom of the dependants section for tuition transfer.  Does this need to be filled out as well?

Thank you


1 person found this helpful

The tuition from the T2202a for the student does not get entered on your tax return. If you have a student linked to the parents returns as a family return, you only enter it in the T2202a section for the student and the transfer happens automatically. It only gets entered in the Dependant section for tuition transfer if you do not link any family member returns for the student and you need to enter their income information to avoid transfering an incorrect amount. You can only do a transfer if the student cannot use it themselves and the maximum is $5000 federal and $5000 provincial. No, you cannot split it. Also, profile does not calculate the optimimum maximum transfer if the entire $5000 is not needed, so you should manually work out the lower amount if applicable to avoid wasting the tuition of the student that could be carried forward.

Was this answer helpful? Yes No
Original ,

No answers have been posted

More Actions

People come to ProFile for help and answers—we want to let them know that we're here to listen and share our knowledge. We do that with the style and format of our responses. Here are five guidelines:

  1. Keep it conversational. When answering questions, write like you speak. Imagine you're explaining something to a trusted friend, using simple, everyday language. Avoid jargon and technical terms when possible. When no other word will do, explain technical terms in plain English.
  2. Be clear and state the answer right up front. Ask yourself what specific information the person really needs and then provide it. Stick to the topic and avoid unnecessary details. Break information down into a numbered or bulleted list and highlight the most important details in bold.
  3. Be concise. Aim for no more than two short sentences in a paragraph, and try to keep paragraphs to two lines. A wall of text can look intimidating and many won't read it, so break it up. It's okay to link to other resources for more details, but avoid giving answers that contain little more than a link.
  4. Be a good listener. When people post very general questions, take a second to try to understand what they're really looking for. Then, provide a response that guides them to the best possible outcome.
  5. Be encouraging and positive. Look for ways to eliminate uncertainty by anticipating people's concerns. Make it apparent that we really like helping them achieve positive outcomes.

Select a file to attach: