Federal and provincial tuition tax credits will continue to be available for tuition fees paid to educational institutions in 2017.
Beginning in 2017, eligible tuition fees may include fees paid to Canadian educational institutions for occupational skills offered at post-secondary institutions even where they are not at a post-secondary level. Additionally, the eligibility for the scholarships, fellowships, bursaries and artists’ project grants exemption has been expanded to include amounts received from these institutions and to ensure it remains unaffected by the elimination of the education tax credit.
Posted in Tax Tips for 2017 Tax Year
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