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In 2020, Erin attended University of Toronto on a full-time basis for 8 months, paying tuition fees of $7,900. During May to August, she returned
In 2020, Erin attended University of Toronto on a full-time basis for 8 months, paying tuition fees of $7,900. During May to August, she returned home to Vancouver and earned $10,000 of employment income. The value of maximum amount of federal income tax credit that Erin can transfer to a parent with respect to University education in 2020 and of any remaining carryover amount, respectively, is:
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