How can monies from OSAP designated specifically for books and sent directly to the University be considered "income?"
Live in a rent geared to income complex and they increased rent because the OSAP Grant is considered "income."
01819
1 Best answer
TurboTaxMary-Ann1
Level 13
Oct 31, 2019 6:27:50 AM
While the Canada Revenue Agency does not consider OSAP grants as income and therefore does not require reporting on your income tax return; your geared to income rent can consider it as income. They are two separate entities.
1 Replies
TurboTaxMary-Ann1
Level 13
Oct 31, 2019 6:27:50 AM
While the Canada Revenue Agency does not consider OSAP grants as income and therefore does not require reporting on your income tax return; your geared to income rent can consider it as income. They are two separate entities.