- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Scholarship exemption issue
Hello,
I am trying to declare scholarship revenues for a university level student and I read online according Income Tax Act s. 56(1)(n), 56(3), that these amounts are not taxable if I am a qualifying student. However, when I enter the amounts in turbotax at line 105, as well as the amounts from the T2202A in the appropriate boxes, I still see that the scholarship revenue is fully taxable and there is no exemption. Here are the links that I used for reference purposes, any insights would be greatly appreciated!
Thanks
March 5, 2023
8:41 AM
- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Troubleshooting
If you are still not able to resolve this issue, please contact our phone support team at 1-888-829-8608.
May 4, 2023
12:48 PM