Income Tax Folio S1-F2-C1, Qualifying Student and the Education and Textbook Tax Credits

Income Tax Folio S1-F2-C1, Qualifying Student and the Education and Textbook Tax Credits

Series 1: Individuals

Folio 2: Students

Chapter 1: Qualifying Student and the Education and Textbook Tax Credits

Summary

Beginning with the 2017 tax year, the education and textbook tax credits have been eliminated and will no longer be available for a student to claim or transfer to a spouse or common-law partner, or to a parent or grandparent. The credits are still available for tax years up to, and including, the 2016 tax year. Unused education and textbook credit amounts that were earned and carried forward from years prior to 2017 will remain available to be claimed in future years. For 2017 and subsequent tax years, other income tax provisions relying on eligibility for the education tax credit will instead rely on eligibility as a qualifying student.

The tuition tax credit is unaffected by this change. For information on the tuition tax credit, see Income Tax Folio, S1-F2-C2, Tuition Tax Credit.

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