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New Member
posted Mar 21, 2021 3:42:50 PM

For the scholarship deductions, do I have to input the amount of Box 105 stated on my T4A into all of the 105 slots? I am a full time student.

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Level 3
Apr 17, 2021 5:56:49 PM

Thank you for choosing TurboTax

 

As per CRA, a student does need to report their scholarship, bursary, and student grant as an income. Although in some cases when you have to report an amount over $500 as an income, it will depend on your student status and the number of months you attended school.

 

In order for the software to correctly calculate the scholarship exemption amount you are eligible for, you will also need to enter the T2202 - Tuition & Enrolment Certificate you receive from the educational institution in TurboTax.

Please visit this link: Financial Awards That Qualify for the Scholarship Exemption 

T2202 Tax Form: Tuition & Enrolment Certificate