Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Mar 22, 2020 2:22:27 PM

OSAP Grants are Taxable or Not?

Hi All,

I am a part time student enrolled in a Masters course. And I had applied for OSAP for Fall 2019.

I had received grants (not to be paid back ) for the Fall 2019 term.

 

Will that be included in my taxable income?  Do I need to declare it somewhere? (If yes, where - which box#)

I will be filling out the details of my education using the T2202 form received from the university.

 

Please advise.

 

Thanks and stay safe!

0 1 829
1 Replies
Level 15
Mar 25, 2020 4:44:42 PM

Did you receive a T4A? Please read through this great information to see if you need to claim your OSAP grants.

If you have any more questions please feel free to reach out to us in a private message on Facebook or Twitter.