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keep textbook reciepts!

edited September 2006 in General
The government issued another tax credit for post-secondary students for the expense of course-related textbooks, which like the education tax credit, the textbook credit can be carried forward or transferred to a spouse or parent.

Full-time students enrolled for eight months qualify for textbook credit of $520 for the year ($65/mth for full-time / $20/mth of part-time), which is a tax reduction of about $80.

This new tax credit is effective 2006 tax year. (For ur taxes in April 2007)

So don't throw away those reciepts.. u need them to claim ur returns!! :smile:

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