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Level 1
posted Jun 1, 2023 1:42:57 PM

Why my scholarship (box 105 T4A) does not appear as income, although it appeared as other income last year? I see it in year over year comparison page of Turbotax.

I am a full time student.

0 5 1485
5 Replies
Level 15
Jun 1, 2023 1:58:53 PM

Please make sure that you have entered your scholarship in the correct box 105.  Read each one and enter it in the correct one- if you are a full time or part time student, and if you received a T2202.

 

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Level 1
Jun 1, 2023 2:28:31 PM

Thank you for the response. I entered my scholarship in front of "Full-time scholarship: also have T2202 with months in Box 25" which explains my situation...still shows my income as zero!

Level 15
Jun 2, 2023 6:03:50 AM

Most scholarships are non-taxable. 

Do I have to report scholarships and other academic awards on my return?

 

Thank you for choosing TurboTax.

Level 1
Jun 2, 2023 6:44:54 AM

It cannot be the correct answer as last year my situation was the same, but Turbotax did not calculate my income as zero.

Level 15
Jun 2, 2023 7:44:30 AM

If it was the same situation and you have entered the amounts in the same box 105 there should not have been tax taken off. You may have entered it, in the wrong box last year.

 

Thank you for choosing TurboTax.