Québec Tuition fees and other student deductions

What types of income are Québec students likely to have?

To enjoy deductions and credits, you must have some income to reduce. Here are possible sources of income:

  • Scholarship exemption – the exact amount depends on your situation; you may be able to reduce your income from a scholarship, fellowship or bursary by $500 to $1,000
  • Employment (did you know it is to your advantage to declare your tips to your employer ?) – T4  and Relevé 1
  • Employment insurance benefits – T4E
  • Scholarship, grant or bursary – T4A  and Relevé 1
  • RESP  (Registered Education Savings Plan) – T4A and Relevé 1
  • RRSP (for Lifelong Learning Plan ) – T4RSP  (not taxable) and Relevé 2 (taxable >$10,000)


What deductions and credits are available to Québec students? What are the amounts that I might be able to transfer to a parent, grand-parent or a spouse?

 

Deduction/Information slip

Form where info is entered on your return

Can transfer to parent or grandparent?

Can transfer to spouse?

If not transferred, can be reported to future year?

Federal

Eligible tuition fees (T2202, Box A)

 

Textbook amount (incl. on T2202)

 

Unused amount from previous years (fed. notice of assessment or reassessment)

 

Moving expenses

Schedule 11

 

 

Schedule 11

 

 

Schedule 11

 

 

T1-M/TP-348

Yes

 

 

Yes

 

 

No

 

 

No

Yes

 

 

Yes

 

 

No

 

 

In certain cases

Yes

 

 

Yes

 

 

Yes

 

 

 Yes

Québec

Amount for postsecondary study (RL-8, box A)

 

Tuition or examination fees (RL-8, box B)

 

Textbook amount

 

 

Unused amount from past years (prov. notice of assessment or reassessment)

 

 

Interest paid on student loan (bank summary)

Schedule S

 

 

Schedule T

 

 

n/a

 

 

Schedule T

 

 

 

 

 Line 385

Yes, but only to parent.

 

Yes to parent or grandparent

 

n/a

 

 

 

 No

 

 

 

 

No

No

 

 

 No

 

 

n/a

 

 

No

 

 

 

 

No

No

 

 

 Yes

 

 

n/a

 

 

Yes

 

 

 

 

No


 Are there other deductions that students may forget on their return?

  • You may be able to claim moving expenses. You will use form T1-M on your federal return and TP-348 on your Québec return.
  • Childcare expenses are often overlooked as well. You may be able to claim a deduction if you needed childcare to attend an admissible educational program. You can deduct childcare expenses on both returns if your child was in a private daycare. If it was a government-funded daycare, you can only claim the expenses on your Québec return. You will receive a Relevé 24 indicating the amount you paid.
  • You can claim your public transportation passes on your federal return.
  • If you have started to repay your student loans, you can claim the interest you paid on both returns.