Can I write off my $80,000 investment in my son as a loss on my tax return?

I invested at least $80,000 in his university education (tuition fees and living expenses in another city) in his 4-year education. Now, he told me that he does not like what he has studied at the university, and he does not like to live in the same city with me. In many ways, it appears I have lost everything that I have invested on him financially (and emotionally).

I hope u r just kidding for the write off. In case u r not, here are my thoughts:

Paying for a child's education is generally considered a personal expense for a parent, and not deductible for tax purposes other than the tuition fee tax credit that you may claim. The "return" on raising a child or investing in the education is the PERSONAL satisfaction or happiness for many parents. It is unfortunate that you son is not more thankful to you.

No.

The most you could get as a tax benefit in respect of that investment is at most a tuition transfer. The tuition transfer is limited to $5,000 per year reduced by the amount required by your son to reduce his tax to zero (similar rules exist provincially).

Tough to hear, I feel for you. Unfortunately no, that won't work.

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