Could we add a tuition transfer signature document to TC? It wouldn’t have to be a flow through thing, though that would be great.
Just a fill in the blank document in TC that could be sent to TF for signature or printed.
I think it’s required that the original T2202A form needs to be signed by the student, so any additional form generated by TaxCycle and signed by a client wouldn’t be much use unless it’s just for your own records.
For all the transfers I do, the students are also clients. So having the form right in TC to fill in and print would save me time. Especially when they are away at University and signing on TF.
Right now, I open a blank transfer pdf in Firefox, fill it in, save it, upload to TF separately, and add signature/date fields. I do a bunch of them.
I’m just talking about the back part the student has to sign. They usually don’t have an actual slip themselves. They send me a pdf downloaded from the school or I get it from AFR. That won’t have transfer information. So I’m filling in the part on the back and going through this process so I can get a signature authorizing the transfer. The few transfers I do where the student isn’t also a client, I make the parents bring me a signed copy before I’ll do it.
I’ve always had the student sign it to demonstrate that they were aware of the transfer. Is that not one of the documents I have to have a signature authorizing if I do it? That’s what I was told years ago when I started doing this. I have to have the signature on file to do the transfer at all, same with pension splits.
This would be a big loss of future benefit for the student if their parents were just doing it without their knowledge was the logic I was given.
As to the other question, yes, I keep an organized copy of everything I do. For example, I scan the slip summary and all the slips included as one scan. I have a copy and the client takes home the paper copy. I do this for everything. When CRA does a review of medical for example, it’s ready to go. I just upload it.
It’s come in really handy when weird things arise later. I know exactly what they walked out the door with, what I had at the time, and the scan has date stamped it.