If you are a student, check out the resources below to help make filing your taxes easier. 

Reporting tuition

If you paid tuition in 2023, or have unused tuition to carry forward from a previous year, you will need to report it on your tax return. You will also need to declare if you are transferring any amount of tuition to a parent, grandparent or partner when you file your return. 

• Claim your tuition amount
• Claim your transfer or carry-forward amount

Wealthsimple Tax resources

• Claim your education expenses
• Transfer unused tuition

Reporting an RESP withdrawal

If you withdrew funds from an RESP in your name in order to pay for tuition or other educational expenses, you will need to report this on your tax return. Specifically, you should receive a T4A from your financial institution that you must report on your return. For more information about RESP withdrawals, click here.

Reporting scholarship income or OSAP grants

If you received scholarship money for your education, you will need to report it on your tax return. 

• Claim your scholarship or grant amounts
• Report your scholarship or grant income on Wealthsimple Tax

Other common credits and deductions

Moving expenses
If you moved for educational purposes, you may be able to claim certain expenses as deductions on your tax return. 

Child care expenses
If you, your spouse or your common-law partner had to pay for child care in order to attend school, you may be able to claim these expenses.

Interest paid on student loans
You might be able to claim interest on your student loans if you received it under certain circumstances. 

Digital news subscription expense
You may be able to claim up to $500 in qualifying digital news subscription expenses.

Canada Training Credit
If you are over 26 years old and paid tuition, you may be able to claim the Canada Training Credit.

Provincial credits and deductions

• Manitoba Fitness Tax Credit
• Nova Scotia affordable living tax credit (NSALTC)
• Ontario Low-Income Workers Tax (LIFT) Credit
• Saskatchewan Graduate Retention Program (GRP)
• Saskatchewan Active Families Benefit

Other resources

General resources

• Students and income tax 

Wealthsimple Tax resources

• How do I report repayments under the Lifelong Learning Plan?
• Why doesn’t my student loan interest update my refund/balance?
• Can I claim the cost of my training courses?
• Can I claim the Canada training credit?