Line 130 -
Other income contains taxable income not included in other categories.
Common sources of other income include scholarships/bursaries, retiring
allowances, lump-sum payments, death benefits, and payments from a Registered
Education Savings Plan (RESP).
Line 130 amounts are transferred from a number of
sources:
- Box 18, 24, 28,
40, 42, 105, 106, 130, 133, 134, 136, 194 from your T4A slips
- Box 22, 26 from
your T3 slips
- Box 16, 20, 22
from your T4RIF slips
- Box 66, 67 from
your T4 slips
To review and confirm the source amounts of your
other income on line 130:
1.
Select X
in the upper-right corner to close the Help window.
2.
In the upper-right corner of your screen,
select Find.
3.
In the Find window, type T-Slips.
4.
Select T-Slips
from the list, and select Go.
Note: Scholarship and bursary income is usually
exempt from tax for full-time students. If your T4A box 105 amounts are listed
on line 130, and you’re a FT student, return to the T4A screen and select the
box 105 option for FT students to remove the line 130 entry.
