T2202 – This form is used to certify a student’s tuition amount that can be claimed to reduce their income taxes or transfer to a designated individual.
Students must claim their tuition, amounts on their return and apply the amount that is required to reduce their own federal tax payable to zero, before they can calculate and transfer an unused amount to an eligible individual, even if someone else paid their fees. However, the student may be able to transfer part or all of these amounts to his or her spouse or common-law partner or to their spouse or common-law partner’s parent or grandparent.
The maximum amount you can transfer in a year is $5,000, minus the amount the student uses, even if there is an unused tuition, amount remaining.
Students can carry forward indefinitely and claim in a future year the part of their tuition, amounts they cannot use (and do not transfer) for the year. However, if they carry forward an amount, they will not be able to transfer it to anyone. They have to claim their carry-forward amount in the first year that they have to pay federal tax.
Students with Income
What to bring
T4 slip – Employment income
T2202 – Eligible tuition fees – fees you paid to attend your post-secondary educational institution for the tax year. This slip is not mailed out, you must download the slip from your school’s website
T4A slips – Slips which show scholarship, fellowship, and bursary income, or payments from a registered education savings plan
Rent Receipt – Receipt from your landlord showing rent paid in the tax year.
Interest paid on your student loans – You may be able to claim an amount for the interest paid on your loan in 2013 for post-secondary education. You can also claim interest paid over the last five years if you haven’t already claimed it. Only interest paid on loans received under the Canada Student Loans Act, the Canada Student Financial Assistance Act, or a similar provincial or territorial government law for post-secondary education can be claimed
Child care expense receipt – If you have to pay someone to look after your child so you can go to school, you may be able to deduct child care expenses