Personal Finance

A few questions about taxes and T2202A

  • Last Updated:
  • Feb 27th, 2017 6:50 pm
[OP]
Deal Addict
Apr 4, 2017
1045 posts
921 upvotes

A few questions about taxes and T2202A

I am using Turbotax to fill out my 2016 taxes. I just have a few questions.

I entered: 2 T4s (2 casual jobs) and unused tuition and education amounts from prior years. This gives me $1.1k return.

Just recently, I got my T2202A from school and when I enter that, my return drops to $136.

Why is there a significant decrease when I enter my T2202A? I thought tuition and education amounts generally increase your tax return, not the other way around.

Also, do I have to enter my T2202A? Is there a process when not entering your T2202A?

Thanks in advance.
6 replies
Deal Fanatic
Jan 19, 2017
6723 posts
3845 upvotes
meelad92 wrote: I am using Turbotax to fill out my 2016 taxes. I just have a few questions.

I entered: 2 T4s (2 casual jobs) and unused tuition and education amounts from prior years. This gives me $1.1k return.

Just recently, I got my T2202A from school and when I enter that, my return drops to $136.

Why is there a significant decrease when I enter my T2202A? I thought tuition and education amounts generally increase your tax return, not the other way around.

Also, do I have to enter my T2202A? Is there a process when not entering your T2202A?

Thanks in advance.
Did you have the 'Working Income Tax Benefit' (i.e. line 453) payment before you entered the T2202A?
[OP]
Deal Addict
Apr 4, 2017
1045 posts
921 upvotes
ml88888888 wrote: Did you have the 'Working Income Tax Benefit' (i.e. line 453) payment before you entered the T2202A?
I don't think so. I am not too sure though. I know I did not apply for the Working Income Tax Benefit .
Member
Aug 17, 2008
485 posts
205 upvotes
Quebec
meelad92 wrote: I don't think so. I am not too sure though. I know I did not apply for the Working Income Tax Benefit .
Why dont you compare the returns with or without the t2202, you will see where the difference is. Id bet on working tax benefit too.
Sr. Member
Nov 6, 2013
645 posts
428 upvotes
You probably didn't check off that you were a student. If you are working, and poor as heck with only two casual jobs you get a hefty benefit. Since you are a student you don't get the benefit.
[OP]
Deal Addict
Apr 4, 2017
1045 posts
921 upvotes
It was the WITB. When I using Turbotax it automatically applied me for the benefit and then when I entered my school info it took me off.

Appreciate the help everybody.
Deal Fanatic
Jan 19, 2017
6723 posts
3845 upvotes
meelad92 wrote: It was the WITB. When I using Turbotax it automatically applied me for the benefit and then when I entered my school info it took me off.

Appreciate the help everybody.
I use Studiotax and it asks me to confirm I am not a student before giving me the WITB.

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