i need help in decision making

[nites]

Hello guys

I am interested to know if carrying forward the education amount is a wise idea. Suppose you have taxable income, lets say in high income bracket, does this education amount carried forward reduces the tax owed to the govt. Could u explain it to me.

thanks a million

[Gundam]

http://www.redflagdeals.com/forums/showthread.php?t=241587&highlight=education+amount

[nites]

thanks for the reply and the thread. If u dont mind may I ask another question.
I borrowed money from my husband for university. The interest expense I am paying for it, is it deductible. My husband or myself. It is taken from Line of credit. Is there any proviciency. Can u help me. Please.

Thanks

[cloudycanada]

thanks for the reply and the thread. If u dont mind may I ask another question.
I borrowed money from my husband for university. The interest expense I am paying for it, is it deductible. My husband or myself. It is taken from Line of credit. Is there any proviciency. Can u help me. Please.

Thanks

don't think they are