Why sign in to the Community?

  • Submit a question
  • Check your notifications
Sign in to the Community or Sign in to TurboTax and start working on your taxes
New Member
posted Jul 24, 2024 5:24:59 PM

Is a Canada arts grant tax exempt for a full time student?

I received a Canada Council Arts Grant during the first year of my PhD studies.  I didn't make any money of the project, nor am I self-employed as an artist. Is the grant still taxable?

0 1 3500
1 Replies
Level 2
Jul 26, 2024 6:41:38 AM

Did you receive a slip with the amount of the grant? If so, you need to enter it on your income tax return. Depending on which box it is entered in, it will determine if it is tax-free.

 

Thank you for choosing TurboTax.