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LOL nelsona. Have you seen instances where eligible tuition in one country wasn't eligible in the other? Maybe you're withholding information on me. (haha). Certainly there are differences, but many of our tax rules are very similar. It's not like Canada is going to allow a tuition deduction for Kni...

I realize at this point I'm probably having a one sided discussion, but I thought I'd add this. I found a link to a list of US student loan eligible institutions that is updated quarterly. It's in Excel format. Here's a link to the site: https://studentaid.ed.gov/sa/prepare-for-college/choosing-scho...

Also, the student did receive a T2202A with $2,350 per semester tuition / full time enrollment. I don't think the criteria is that different here in Canada than the US. It's not like she's taking "Knitting 101" in night school for personal enjoyment. (haha) In any event, I think my next ca...

Good point. Perhaps I'll look further into why this program wasn't eligible for US student loans. It is a diploma granting program, as are every other program at the shool. http://www.hollandcollege.com/programs/human-services/ The criteria for AOC is: "Was enrolled in a program that leads to a...

p.s. McGill said they are aware of the new requirements, but they have decided to continue not issuing 1098-T slips. They're in a "wait and see" mode to see what happens.

In this case, the student gets a $711 refundable AOC credit, which translates to ... oh ... about $8,000 Canadian these days. So yeah ... it's worth it to the student. I'm pursing further because the matter of "eligible" doesn't seem to take into consideration the programs. I agree with yo...

Just adding some more relevant information to this thread for the benefit of future readers. In publication 970, the "What's New" section contains the following: [quote]Form 1098-T requirement. For tax years beginning after June 29, 2015, generally tax year 2016 returns for most taxpayers,...

I appreciate your help, nelsona. I did find them on that list previously, and they are there. However, according to the school, only certain programs are eligible. My client, unfortunately, didn't participate in one of those programs. Thus my question remains as to the eligibility of the school. If ...

My client didn't attend McGill. She attended a local college (Holland College, Charlottetown, PE). I merely found that searching for references to 1098s with Canadian universities. That said, how do we know that McGill (or any school) is eligible?

That would sure make it easy, but I've spoken to several reps at the school, and they have no idea. In fact, they asked me to let them know when I figure it out. It seems it's all hinged on the two points I indicated below (ie. Whether or not the school is eligible given that some programs are eligi...

From the Fincen website: https://www.fincen.gov/news/news-releases/new-due-date-fbars-0 The new annual due date for filing Reports of Foreign Bank and Financial Accounts (FBAR) for foreign financial accounts is April 15. This date change was mandated by the Surface Transportation and Veterans Health...

I'm reading that new for 2016, a claim for the American Opportunity Credit requires that the school issue the 1098-T slip for the student, unless they don't have to. The reasons cited for not being required to include, for example, situations where the tuition was paid in full by scholarships. In th...

I've calculated a refundable portion of the American Opportunity Credit for the following, and would appreciate any feedback on whether I'm missing something or not. Sometimes things seem too good to be true. 1) US citizen / Full time Canadian resident 2) Started attending school full time (for the ...

As always, thanks for valuable insight, nelsona. She has visited him a couple of times, and after a lengthy discussion with him last night, we determined that he has significant ties here. In fact, it's likely that he's going to move back to Canada and continue to work (mostly remotely) in various p...

I bit late to the discussion here, but thought I'd add my two cents. Are we sure that this "Quebec provincial benefit" relies on income tax residency rules? Depending on what benefit it is, it may depend on a separate set of rules to determine residency. For example, you may need to be a r...