Question Details

	Username: LuckyMan Rating: Asked to: Goro Yang Date Created: 13 Sep 2016
Category	28
Tag	Financial
Question	Please give the definition of 'Education Credit'.

Advice from Guru

Hello LuckyMan,

A type of tax credit available to students of a post-secondary educational institution, such as a college or university. Education credits may be claimed by those who incur qualifying educational expenses, such as tuition and fees. Parents who pay these expenses for their children may be able to claim this type of credit on their tax returns, subject to certain income restrictions.

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