Line 76 – Saskatchewan graduate tuition tax credit

Line 76 – Saskatchewan graduate tuition tax credit

You can claim this credit if you were a resident of Saskatchewan at the end of 2013 and you met all of the following conditions:

You will be entitled to credits over a seven-year period based on your eligible tuition amount, beginning the year you obtained a Graduate Retention Program Eligibility Certificate, as long as you file an income tax return as a resident of Saskatchewan for the year.

Your credits will be calculated at the following rates:

The total amount of graduate tuition tax credits you can receive is $20,000 (lifetime maximum).

To claim this credit, complete Form RC360, Saskatchewan Graduate Retention Program. You can get this form from the CRA's Web site or by contacting us (read “For more information” on page 1 of this book).

Note

If you do not need all your Saskatchewan graduate tuition tax credit to reduce your 2013 provincial tax to zero, you can claim the unused credit as the Saskatchewan graduate tuition refund for 2013. Complete Part 2 of Form RC360 to calculate this refund.

Supporting documents – If you are filing electronically, keep all your documents in case we ask to see them at a later date. If you are filing a paper return, attach your Form RC360 and your 2013 Graduate Retention Program Eligibility Certificate.

Notes

If you moved to Saskatchewan in 2013 and applied for and obtained a Graduate Retention Program Eligibility Certificate from the Saskatchewan Ministry of Advanced Education for the year you graduated and were not a resident in Saskatchewan, you have to send an adjustment request to the CRA to update your eligibility for this program.

If you graduated in 2006 or 2007, and you met the graduate tax exemption eligibility criteria, you may have received a Tuition Rebate Eligibility Certificate for 2008 to claim rebates under the graduate retention program. If on your 2008 return you did not claim that rebate, you have to send an adjustment request for your 2008 return to the CRA.