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!
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.
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