Blog: Is A Medical Resident A Full-Time Student?

The University of British Columbia has recently confirmed that they will be reissuing T2202A forms to students who were registered as medical residents from 2005 forward allowing the doctor to claim tax credits for education and textbook allowances.

The reason for this change arose because of a recent Tax Court of Canada decision stating that medical residents should be characterized as both full-time students and full-time employees. Full-time students qualify for education tax credits ($400/mo. Federally and $200/mo. in BC) and textbook credits ($65/mo. Federally). When the CRA was asked if this would change their long-time administrative policy they confirmed that they will follow the courts' decision.