How do I claim tuition on my taxes?

Question

My husband enrolled in the MBA program via distance learning through the University of Liverpool. I already called the Canada revenue agency and they confirmed that it is a recognized school. My question is this: How do I file this amount? Do I enter the full amount paid (we actually remortgaged the house to pay in full) on the receipt that we have? I am just not sure how this works?

Answer 1

The school should give you a form called the T2202 orT2202A or TL11A or TL11C. Then go to your Schedule 11 and fill-in the amount paid in school fee that is stated on form you received from school. then fill-in the blanks either in Column B or C (B is for part-time students and C is for full-time students). Revenue Canada has add a new deduction for books this year. Any extra amount you do not need please remember to carry it forward for the following year or give (tranfer using a schedule 2)to a spouse, parent, or grandparent. You must keep records of any carry forwards because the government will not keep any records for you.
Look for special deductions after graduating in the province you will be working in. Nova Scotia and New Brunswick will give students extra deductions for working in the province after gratuating.

Answer 2

For you to claim tuition fees paid to an educational institution outside Canada, your institution has to complete and give you either Form TL11A, Tuition, Education, and Textbook Amounts Certificate - University Outside Canada, Form TL11C, Tuition, Education, and Textbook Amounts Certificate - Commuter to the United States, or Form TL11D, Tuition Fees Certificate - Educational Institutions Outside Canada for a Deemed Resident of Canada, whichever applies.

In your case, I would assume the TL11D form, found at http://www.cra-arc.gc.ca/E/pbg/tf/tl11d/tl11d-06e.pdf

On this form it is clear that all fees excluding those for the students' association, transportation, parking, books, supplies, special equipment, meals, lodging, initiation or entrance fees to professional organizations are to be entered (for a deduction). The full value of tuition paid (including and portion paid for by a scholarship, as scholarships are taxable and they don't want to ding you twice) is deductible.

As well, the dates of attendance, as you are eligible for the Education amount (http://www.cra-arc.gc.ca/tax/individuals/topics/income-tax/return/completing/deductions/lines300-350/323/education-e.html) which is a nice deduction as well.

I hope this helps.

Answer 3

We have a separate form called Lifetime Learning Credit. It goes on that