students donot pay taxes when in school... if they get retro and claim it 2014 and being a student at same time is retro taxed??

Yes, students do pay taxes, but normally do not make enough to tax. That is one of the benefits of RESPs, you contribute as a parent, and when the student draws it out, they are normally/usually in a lower tax bracket an pay little if no income tax once the deductions are applied.

So if they do receive retro and it is considered income, then they are taxed on it at their personal tax rate.

Hope this helps.

Sabrelove

TYVM hard struggle but I made it, hubby said I can take care of him now....lol

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I just graduated from nursing in April but I paid taxed while in school

I believe students do pay taxes while in school mfors. At least our three did when in college in Ontario. There is some exemption benefits but they do pay taxes. Hope someone can confirm this for us.

i am sure there are some students wondering