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New Member
posted Feb 15, 2025 4:23:15 PM

Any thoughts on why the Transfer Tuition and Education provincial value is $0 (BC) and federal is $5000. Fee incurred and student resident in BC

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1 Replies
Expert Alumni
Feb 15, 2025 4:54:35 PM

In British Columbia, the provincial tuition tax credit was eliminated after 2018 (prior to 2019), so the provincial value is $0. However, BC residents can still claim the federal tuition tax credit, which is 15% of eligible tuition fees. For example, 15% of $5,000 is $750 in tax deductions.