Question: What statement regarding tuition fees is correct? Question 21 options: The tuition tax credit includes the cost of books for students who receive in-class instruction.
What statement regarding tuition fees is correct? Question 21 options: The tuition tax credit includes the cost of books for students who receive in-class instruction. Full-time students at recognized post-secondary educational institutions can claim an education amount of $400 per month. A student who has tax owing can elect to transfer his or her tuition fees, in their entirety, to his or her spouse or parent rather than claiming it on the tax return of the student. A student attending a recognized post-secondary educational institution can claim a federal tax credit for eligible tuition fees that provides tax relief of 15% of his or her fees
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