1. can i take these money in my pocket or they are valuable only in tax forms?
2. can i use them after graduating?
3.what exactly means these sums, they decrese every year but i dont see their benefit....
2007-05-28 16:42:22 · 5 answers · asked by Theta40 7 in Business & Finance ➔ Taxes ➔ Other - Taxes
its for anual tax forms, i complete them now
2007-05-28 19:23:43 · update #1
They are unused amounts carried forward from previous years that are shown on your Notice of Assessment or Notice of Reassessment. Even if you have no tax to pay and you are transferring all or part of your tuition, education and textbook amounts, you should file your return and attach a completed Schedule 11 so the CRA can update it's records with your unused tuition, education and textbook amounts available for carry forward to other years.
2007-05-29 13:41:43 · answer #1 · answered by henry 4 · 0⤊ 0⤋
You must reside in a state for at least a year or two before a college will recognize you as a resident. A resident means living and working in a state, paying taxes, bills there. If you are an out of state resident, you will be charged more for tuition. Check the school for their definition of residency.
2016-05-20 03:47:27 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Would need to know the context in which the statement is being made. By itself, it doesn't mean much.
Where are you reading this information?? Without knowing that it's not possible to say what it means to you tax-wise, if it means anything at all.
2007-05-28 17:49:11 · answer #3 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Where did you see this? Something from the school? An ad? the IRS?
2007-05-29 12:13:55 · answer #4 · answered by Judy 7 · 0⤊ 0⤋
Talk to your financial aid adviser they should be able to tell you.
2007-05-28 16:47:54 · answer #5 · answered by ? 2 · 0⤊ 0⤋