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ahebes
New Member

My Income Summary shows a significant income under "Other Income" even though I did not input anything there and cannot find that amount anywhere else. Can I remove it?

 
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Accepted Solutions

My Income Summary shows a significant income under "Other Income" even though I did not input anything there and cannot find that amount anywhere else. Can I remove it?

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.


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2 Replies

My Income Summary shows a significant income under "Other Income" even though I did not input anything there and cannot find that amount anywhere else. Can I remove it?

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.


skefah
Returning Member

My Income Summary shows a significant income under "Other Income" even though I did not input anything there and cannot find that amount anywhere else. Can I remove it?

I have the same problem while doing my 2019 tax. It is showing a small amount $30.75 as other income before even I entered my actual income