Tax Return for 19 Year Old
 

I have a 19 Year Old son that is a dependent at college who I pay his tuition fees etc.
Is he required to fill his own tax return or can I include his income and expenses on either mine or my wife’s
Thank in Advance

Re: Tax Return for 19 Year Old
 

He has to do his own. My 18 year old had to do one last year and and got some tax back from a part time job.

Re: Tax Return for 19 Year Old
 

thanks, so can I claim his college fees as an expenses

Re: Tax Return for 19 Year Old
 

If he is not earning and you pay all his college fees, you can claim them back on your tax (and he doesn't have to fill in a tax return) ... also the money spent on books for his courses. Make sure he keeps all receipts!!

Re: Tax Return for 19 Year Old
 

The OP mentioned he had an income - Therefore he has to file a return if he has an income. To claim educational expenses you would need a tax form issued by the educational establishment for fees paid, which they should be handing out about now.

You might want to ask an accountant for an opinion as to how best to structure the claim of expenses and income.

Re: Tax Return for 19 Year Old
 

I had a go on one of the online tax calculators and one of the questions asked if any of my children (under 18) earned any money, and to enter the amount. My son works p/t (and also attends high school) so I have to enter the figures from his T4. I am not sure if that will work out to my disadvantage or not. I have an appointment with an accountant to do my taxes on Friday so will find out then. I will also find out if he has to do his own taxes at 17 or are they done along with mine and Mr YCDs :confused:

Re: Tax Return for 19 Year Old
 

We have just done the tax returns for both my sons who worked last year. They are 14 and 16 yrs old. Both have got refunds on what they paid to the goverments.

Re: Tax Return for 19 Year Old
 

If a parent wants to claim their child's tuition fees and education amount, the child must file their own tax return. If they don't have sufficient income (or any income) to use up the credits, they can defer them to a later year, or transfer them to their parents. The child needs to complete schedule 11 of the tax return and make the designation on the T2202 they receive from the school/college.

Every child that earns any income should file a tax return. Programs like QuickTax and Ufile will do low income returns for free.

Re: Tax Return for 19 Year Old
 

He should do his own tax return.

Certain benefits are calculated on family income and this is one way the CRA captures the information they need. A single person can claim an "equivalent to spouse" tax credit if they have dependent children, but this credit is reduced by the child's earnings. As a couple, his earnings will not affect your taxes.

Re: Tax Return for 19 Year Old
 

If he flies his own return he will also be able to get the quarterly GST refund cheque if his income is low enough.

Re: Tax Return for 19 Year Old
 

If he is 19 or over, then yes.

Re: Tax Return for 19 Year Old
 

He has his own, but you should get his tax return as you are paying for his college tuition and giving him room and board.

Re: Tax Return for 19 Year Old
 

I love those GST cheques, my income is definately low at $12.00/hour

How high does one's income have to get before one stops getting one?