How is my maximum tuition transfer calculated?
In this post, “you” refers to the student.
Line 21 on the Schedule 11 (and the equivalent line on the provincial/territorial Schedule 11) calculates your maximum transferable amount.
You must claim the tuition amount on your own return before you can transfer it to your parent, grandparent, or partner. You must reduce your tax to zero (as calculated on the Schedule 11), before you can transfer any leftover amounts.
In addition, only you can claim unused tuition amounts that have been carried forward from a prior year. In other words, if you didn’t pay any tuition this year, you won’t have an amount available for transfer.