Lets say you were in university in 2007 butyou were not in school at all in 2008. If you still have unused tuition, can you transfer an amount of it to a parent? or no?|||You have three choices in the year you RECEIVE the T2202 (2007):
1. Apply it to your current (2007) return to reduce your taxes.
2. Transfer the unused part to a parent or spouse.
3. Carry it forward for use on YOUR return. You can't transfer an amount carried forward.
See "Transferring and carrying forward amounts" in
http://www.cra-arc.gc.ca/E/pub/tg/p105/p鈥?/a>|||no, it is not allowed.
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