Tuition Tax Credit - New Brunswick
New Brunswick has reintroduced tuition fees for the
2019 and subsequent taxation years.
In addition, the tuition fees paid for 2017 and 2018
must be declared on the 2019 return. These can be used in 2019
or carried over to a future year. The 2017 and 2018 amounts cannot
be used by the student and cannot be transferred to another support
person.
To be eligible, the fees you paid to attend each educational
institution must exceed $100.
Tuition fees must be recorded in the student's file.
Please follow the steps below:
1. On the "Left-side menu of the Interview tab", select
"Interview setup".
2. On the "Interview setup" page, go to the
"Student" group, check the "Education, studies, student
loans" box as well as the other groups necessary to complete
your tax return and click "Next" at the bottom of the
page.
3. Return to the "Left-side menu on the Interview tab"
and select the "Education, studies, student loans"
section.
4. On the screen to your right, click
the plus sign "+" icon
located to the right of the line "T2202 Certificate for tuition
and registration fees (T111A and TL11C) (line 32300)".
5. On the page that appears, in the "Tuition fees for current
year (T2202, TL11A, TL11C)" section, go to the line
"Eligible tuition fees paid to Canadian educational institutions
for 2019 (enter the description in the first field
and the amount in the $ field). If you have attended more than
one establishment, click on
the plus sign "+" on
your right and a new field will be added;
6. Enter the number of months of full-time or part-time
post-secondary education, if applicable, based on the information
on your T2202 slip. In addition, this information will be listed on
Schedule 11.
7. For the tuition fees paid in 2017 and 2018, go to the section
"Tuition and amounts for studies of previous years not used"
and the line "Eligible New Brunswick tuition fees paid for 2017
and 2018 ». Enter the amount in the field to your
right.
The program will generate the federal Schedule 11 to determine
the amount relating to tuition fees as well as the New Brunswick
Schedule NB (S11) and will indicate the amount relating
to the years 2017 and 2018, if necessary, on line 59141.
Remember that due to New Brunswick regulations, you must first
claim the amounts for the years 2017 and 2018 in your own federal
return to reduce the tax payable.
ID: 20200203081420DE.xml
Webpage: KPA380-20200203081420DE.htm