Tax Tip: How to Claim Textbook Deductions

Overview

To claim the cost of textbooks, you will need the tax certificate that your educational institution sends you.

Using the Schedule 11 form, you can claim $20 times the amount shown in box B of the tax certificate for part-time study and $65 times the amount in box C for full-time study.

If you received a grant or reimbursement from someone such as an employer, a benefit such as free meals or boarding from a program, or an allowance such as for training, you are not eligible to claim your textbooks.

References & Resources

• Canada Revenue Agency: Textbook Amount

Key Concepts

• Claiming text books
• Education tax certificate
• School reimbursement cost