Jump to content
Français

Scholarship income classed as taxable


maxmontreal

Recommended Posts

Posted

Hello,

I am a graduate student and receive a stipend to support my studies and living expenses. This income is not taxable (https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-13000-other-income/line-13010-scholarships-fellowships-bursaries-artists-project-grants-awards.html), and in the past 4 years of filing I have not had any issue with it being labeled as taxable.

This year, however, my stipend amount was automatically labeled as "Taxable scholarship income and research grants" in line 13010 for my federal return. My provincial return did not have this issue.

Does anyone have a suggestion for how to override or modify this within NETFILE? Is there a place I can specify that I am a fulltime student, so this category of income is not marked as taxable?1541263211_Untitledpresentation.png.8203ffa29fdab007f699d65d62133e44.png

Posted

If you have a T2202 tuition fees paid statement the amount is not taxable, if you don't have a T2202 entered into the tax return the amount - $500.00 will be taxable.

Also there are rules on the part time situation which you may want to google

  • 2 weeks later...
  • 2 weeks later...
Posted

Great question @maxmontreal
I found that I needed to do the following: 
Interview --> Select student checkbox --> Go to the left-hand column --> Scholarships --> T2202 --> Number of months of full time studies. Then it put the correct amount. Basically, you have to tell it that you were a full-time student through a long process.

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...