Line 58560 - Your tuition and education amounts
Line 58560 - Your tuition and education amounts
Complete Schedule BC(S11), British Columbia Tuition and Education Amounts.
Note
If you claimed the Canada Training Credit (CTC) on
line 45350 of your return, the amount you enter on
line 59140 of your Schedule BC(S11) is already reduced
by the CTC claimed.
Transferring amounts
If you do not use all of your 2024 tuition amount to reduce your provincial income tax to zero, you can transfer all or part of the unused amount to one of the following individuals that you designate:
-
your spouse or common-law partner (who would claim it on line 59090 of their Schedule BC(S2))
-
your parent or grandparent (who would claim it on line 58600 of their Form BC428)
-
your spouse's or common-law partner's parent or grandparent (who would claim it on line 58600 of their Form BC428)
Note
If your spouse or common-law partner is claiming an
amount for you on line 58120 or line 58640 of their
Form BC428, you cannot transfer your unused tuition
amount for the current year to your (or your spouse's or
common-law partner's) parent or grandparent.
To designate who can claim the transferred amount and to specify the provincial amount they can claim, complete any of the following forms that you received as a student:
-
Form T2202, Tuition and Enrolment Certificate
-
Form TL11A, Tuition and Enrolment Certificate - University Outside Canada
-
Form TL11C, Tuition and Enrolment Certificate - Commuter to the United States
Complete the "Transfer or carryforward of unused amounts" section of Schedule BC(S11) to transfer an amount.
Carrying forward amounts
Complete the "Transfer or carryforward of unused amounts" section of Schedule BC(S11) to calculate the amount you can carry forward to a future year.
This amount is the part of your tuition and education amounts that you are not claiming for the current year and the part of your current-year tuition amount that you are not transferring to an individual that you designate.
Supporting documents
If you are filing a paper return, attach your completed Schedule BC(S11). Keep your supporting documents in case you are asked to provide them later.
|
|
|