TAX Question - I paid my brother's tuition fees for year of '06. Lives in Canada. Is it TAX deductible

Question

My brother studies in Canada. I paid $15,000 for his tuition for the year of 2006. I even paid expenses for my parents who live in Dubai. Can i write these amounts off in my taxes for 2006. I mean is there any way i can get some tax break for these amounts. Please let me know. Thanks in advance.

Answer 1

Assuming that they are not your dependents, then no you can't write off the espenses.

Answer 2

the only financial employer cost that could be a deductible on a private point is the cost for cashing a CD early. Overdraft expenses are in no way deductible, even on a corporation return as they are no longer a "mandatory or undemanding" cost.