Yes
The student may transfer an amount to his or her parent or grandparent, or to the parent or grandparent of the student's spouse or common-law partner. The student will complete and sign the transfer section of their tax certificate and provide the recipient of the transfer with a copy. The parent or grandparent would enter this amount in field 324 of their Schedule 1. Tuition transferred from child. Regardless of who paid the tuition, the student must first claim the fees and the education and textbook credit on his or her return. Once the student's tax payable is reduced to zero, leftover amounts can be transferred to a spouse, parent, or grandparent. No. A student can only designate one person to receive the transfer. If the student is making a provincial transfer as well, the same person must be designated to receive both the federal and provincial transferred amounts. (These are CRA rules.). In a perfect world, yes. But the CRA rules state that the student must first claim the tuition fees on their own return, regardless of who paid it. Once the student's tax payable is reduced to zero, they can transfer leftover amounts, up to $5000, to a spouse, parent, or grandparent. You can transfer up to $5,000 federally, and an additional $5,000 provincially ($6,184 for Ontario residents). These amounts are reduced by the portion of this year's tuition, education, and textbook amounts that you used on your own return. Example You paid $4,500 tuition this year. Common questions about transfers of tuition and education amounts. You can transfer your unused tuition, education, and textbook amounts, up to the allowed maximum, to your parent, grandparent, or spouse or common-law partner. You can transfer up to $5,000 federally, and an additional $5,000 provincially ($6,184 for Ontario residents). These amounts are reduced by the portion of this year's tuition, education, and textbook amounts that you used on your own return. Example. Common questions about transfers of tuition and education amounts. You can transfer your unused tuition, education, and textbook amounts, up to the allowed maximum, to your parent, grandparent, or spouse or common-law partner. You can also claim an education amount of $1,600 (4 full-time months at $400/month) and a textbook amount of $260 (4 full-time months at $65/month). Your total tuition, education, and textbook amounts are $6,360. You used $2,000 of this amount to reduce your tax payable to zero. Common questions about transfers of tuition and education amounts. You can transfer your unused tuition, education, and textbook amounts, up to the allowed maximum, to your parent, grandparent, or spouse or common-law partner. The student cannot transfer any amount they carried forward in a previous year. The maximum amount they are allowed to transfer is $5,000 less the amount they needed to use to reduce their own tax owing. Only one person can claim this transfer from the student. It does not need to be the same person from year to year. The student will complete and sign the transfer section of their tax certificate and provide the recipient of the transfer with a copy. The parent or grandparent would enter this amount in field 324 of their Schedule 1. This often arises because your child doesn't have enough taxable income to claim the full tuition credit in the current tax year. The good news is the credit won’t go to waste – your child can elect to transfer the unused amount to you to reduce your tax bill. The first step is for your child to claim the tuition amount by completing federal Schedule 11 and the corresponding provincial schedule. The tuition credit is applied to reduce any taxes payable by your child to zero. How much can the student transfer? He or she can transfer up to $5,000 federally, and an additional $5,000 provincially ($5,914 for Ontario residents). These amounts are reduced by the portion of this year's tuition and education amounts that the student used on his or her own return. But the CRA rules state that the student must first claim the tuition fees on their own return, regardless of who paid it. Once the student's tax payable is reduced to zero, they can transfer leftover amounts, up to $5000, to a spouse, parent, or grandparent.
http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/324-eng.html http://docs.quicktaxweb.ca/ty11/english/text/en/common/glossary/d_tuition_transfer.html https://support.turbotax.intuit.ca/turbotax/en-ca/faqs/Frequently-asked-questions-about-transfering-tuition-and-education-amounts/INF15084.html http://docs.quicktaxweb.ca/ty10/english/text/en/common/faqs/faq_tuition_transfer.html http://docs.quicktaxweb.ca/ty10/english/text/en/common/faqs/faq_tuition_transfer.html http://docs.quicktaxweb.ca/ty10/english/text/en/common/faqs/faq_tuition_transfer.html http://www.cra-arc.gc.ca/tx/ndvdls/tpcs/ncm-tx/rtrn/cmpltng/ddctns/lns300-350/324-eng.html http://turbotax.intuit.ca/tax-resources/dependant-tax-expenses/deducting-your-child-school-tuition-from-your-taxes.jsp https://support.turbotax.intuit.ca/turbotax/en-ca/faqs/Frequently-asked-questions-about-transfering-tuition-and-education-amounts/INF15084.html
can child transfer tuition to parent