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Level 1
posted Oct 30, 2019 8:56:05 AM

T4A box 105 with no T2202A from current year

I was a full time student in part of 2015 and all of 2016. I got a T2202A in 2015 and 2016 ( I graduated in December 2016)

During that time I had loan and bursaries from Quebec. the way they do it is issue a loan and during the year they convert a part of the loan in bursary.

I did not study 1 day in 2017. They converted some of the student loan i had accumulated during 2015 and 2016 in bursary, and sent me a T4A.

Which choice do I pick for the federal box 105? I have multiple choices and not sure which one to pick.

Thanks!


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1 Replies
Level 11
Oct 30, 2019 8:56:07 AM

Your bursary income will be exempt because you were a fulltime student in 2016. Choose the first option (from the picture you attached) for Box 105.

Even if you were not a FT student in 2017, the bursary/scholarship exemption is applied as if you were.