If I am a full time student and received grant money from Student aid with my student loan, where do I enter the amount? What box 105?

[Alanne]

As per the Canada Revenue Agency (CRA), student grants/bursaries whether full-time or part-time are non-taxable. However, it should still be reported on your tax return under Line 13010.

Because we do not have access to your T4A information slip or know if you have a T2202, we have included an image below to indicate which box 105 you are to use. If you have a T2202 and you went to college or university full time, you will include your tuition amount in the first box. As per the grant part, it will either go in the third or fourth box depending where your grant came from. We would advise you to contact the Canada Revenue Agency to clarify this for you at 1-800-959-8281.

For more information, check out: Line 13010 – Taxable scholarships, fellowships, bursaries, and artists' project grants

Thank you for choosing TurboTax!

[cheeza75]

Both my children have a T4A from Canadian Student Financial Assistance Program. The grant money was federal and provincial student grant money included in their student loans. They both have a T2202 and went to school full time. I will try and contact CRA.