Any scholarship income you've received will be included in box 105 of your T4A slip. When reporting your scholarship income, you will need to indicate the type of award.
When is scholarship income exempt from tax?
Situation |
Exempt from tax? |
The details |
Full-time program attendance |
Yes |
Not included on your return |
Part-time program attendance |
Maybe |
Exempt up to tuition and related costs, plus the $500 basic exemption. The taxable amount gets reported on line 13010. |
Part-time attendance with disability tax credit eligibility or impairment |
Yes |
In this case, you should indicate “full-time” |
Post-doctoral fellowship |
No |
The amount is fully taxable and gets reported on line 13010. |
Artist's grant |
Maybe |
Exempt up to related eligible expenses, plus the $500 basic exemption. The taxable amount gets reported on line 13010. |
Research grant |
Maybe |
Report your related allowable research expenses. The net amount will be reported on line 10400. |
Apprenticeship Grant (Incentive or Completion) |
No |
Amount from box 105 of your T4A slip will be reported on line 13010. |
Elementary or secondary school attendance |
Yes |
Not included on your return. |
Other scholarships or awards |
Maybe |
The $500 basic exemption applies. The taxable amount gets reported on line 13010. |
Report OSAP grant (box 105 of a T4A)
- Report as full-time or part-time scholarship income
- These differ from student loans
- If received the year after being a student, claim the scholarship exemption despite any Review & optimize section warnings
Contact our support team for help reporting scholarship or grant income in Wealthsimple Tax. For specific tax advice consider consulting with a tax expert.
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