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Where to input 'prescribed prizes'?
My wife won an award which, according to the issuer, is exempt from taxes. It is considered a 'Prescribed Prize'. Yet I cannot find where the TurboTax form gives the option to put this in. There is the category, "Other scholarships, grands, awards, etc" but this is taxed.
August 14, 2023
7:17 PM
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Troubleshooting
Hi Robert,
You don't report the prescribed prizes according to CRA's income tax folio.
Hope this was helpful
Heba
April 30, 2024
12:45 PM