Can I carry tuition tax credit without using it?
Say I have a personal income of 50k this year, and I have carry-over tuition credit of 30k from last year.
Can I not use the 30k to deduct tax and carry them over again and use them like 5 yrs later? The reason I am asking about this is that when personal income is higher, tuition credit can lower the income tax bracket better...
Can I not use the 30k to deduct tax and carry them over again and use them like 5 yrs later? The reason I am asking about this is that when personal income is higher, tuition credit can lower the income tax bracket better...