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Level 3
March 12, 2021
Question

scholarship, Fellowships, Bursaries in line 105 of T4A for part time students are now taxable? _ONTARIO

  • March 12, 2021
  • 0 replies
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I noticed now if student is a part timer the amounts in T4A (Eligible for part time education amount) been added to the income, only $500 is used as basic deduction. But there is a line at the end of line 105 in T4A for part time tuition fees and related costs. Will same amount on the T2202 be considered as costs? It is a bit confusing 

Any comments are appreciated

Thanks

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