Tagged with: [ taxes ]
Posted by: Frugalis.ca
March 23, 2012 | f.Blog
Posted by: Frugalis.ca
4 Quick Tax Credits for Students |
|
![]() |
Moving expenses: Students who move more than 40 kilometres from home to attend post-secondary education on a full-time basis, or move more than 40 kilometres from their school address to start a job or a business including summer employment, may be eligible to deduct their moving expenses. |
![]() |
Interest on Student Loans: Students can claim the interest paid on loans for post-secondary education and carry forward any unclaimed amounts for five years. |
![]() |
Tuition, education and textbook tax credits: Three non-refundable tax credits include tuition fees paid for post-secondary education, education credits ($400 per month for full-time students for each eligible month of attendance, or $120 per month for part- time students), and a textbook credit (equal to $65 for each eligible month in school, or $20 per month for part-timers). |
![]() |
Public Transit Credit: Students who take public transit and purchase a monthly pass can claim 15 per cent of the total amount spent. |
![]() |
|
Tagged with: [ quickie savings, students, taxes ]
March 21, 2012 | f.Blog
Posted by: Frugalis.ca
Tagged with: [ business, chartered accountants, ontario, taxes ]
February 19, 2012 | Financial
Posted by: Frugalis.ca
Tagged with: [ business, ontario, taxes ]
February 13, 2012 | Financial













