Question: Which statement is incorrect with regard to the tuition amount? The tuition amount can be carried forward by the student indefinitely. If the student has

Which statement is incorrect with regard to the tuition amount?

  1. The tuition amount can be carried forward by the student indefinitely.

  2. If the student has no taxes payable, (s)he can opt to have the excess tuition amount refunded by filing a tax return.

  3. The student's taxes payable must be reduced to zero before the tuition amount can be transferred.

  4. The tuition amount is ony available for post-secondary education at a qualifying institution.

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