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Determine karl total tuition tax credi

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Question 1: At the beginning of 2019, Karl Schmidt has a carry forward of a tuition tax credit from 2018 of $525 [(15%)($3,500)]. During 2019, he is in full time attendance at a Canadian university. His tuition fees total $5,650 for the year. His Taxable Income for 2019 is $34,650. Other than his tuition credit, his only current tax credit is his basic personal credit. Determine Karl's total tuition tax credit and any available carry forward.

Reference no: EM132606554

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