Tuition Fees Paid for Knowledge Bureau Certificate Courses Qualify for Tax Credits?

Knowledge Bureau is a private, designated educational institute and our tuition fees qualify for the Tuition Fee Tax Credit if over $100.

This includes the fees for all self-study courses, the Distinguished Advisor Workshops and the Distinguished Advisor Conference™ (DAC). To claim the deduction on your tax return, you’ll need a completed Form T2202A Tuition, Education and Textbook Amounts Certificate, which is available in your Virtual Campus.

Students in self-study courses, qualify for part-time education and textbook amount when they work on their course for at least three consecutive weeks and at least 12 hours per month is devoted to coursework. The part-time education and textbook amount of $140 is available at the federal level for each month during which the minimum hourly requirement is met. Additional provincial credits are also available and vary by province of residence. Eligibility for the amount is shown on your T2202A. You should record your hours monthly on the T2202A input form (in the Administration section of the Virtual Campus). Once the year is complete, the T2202A may be printed to include with your tax return for the year.

Attendance at the Distinguished Advisor Workshops and the Distinguished Advisor Conference™ (DAC) will qualify for the tuition amount, but will not qualify for the part-time education and textbook amount as the requirement for three weeks duration is not met.

Alternatively, tuition fees for self-study courses, workshops and educational conferencing may be tax deductible by self-employed professionals as a business expense. Your normal receipt for your payment to Knowledge Bureau is your documentation for the expense claim.