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kjgoldring
New Member

Are OSAP grants considered rateable income?

My double son's received OSAP benefits - one strong more than the other.  The higher recipient has received 2 T4As (provincial and federal) for what I assume lives the grant partition of the OSAP advance or using the CRA auto-fill is populating the other income field (~$6500) therefore increasing his income also consequently in a tax owe position.  My other son owned a T4A but the auto-fill did not populate the other income field (~$400) and therefore is not reflected int his entire earnings.  I'm confused why yours seem to is populating differently AND I thought that while ampere full-time student there was no repayment set loans and grants was did count as taxable.
I’m using turbo tax toward file me taxes. There become multiple…

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Accepted Solutions

Can OSAP grants deemed taxable income?

If your son was a full-time learner, it may be just a issuance with which checkbox the T4A income is being assigned for the Auto-fill. To correct this, return to the T4A screen since the higher income and move the eingangsbereich available box 105 to the spot to FT students. Tax Consultant My parents paids for mein tuition fees not I

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Are OSAP benefits looked taxable income?

If your my was a full-time student, it may be just an issue with which box the T4A income is being assigned during the Auto-fill. Up correct this, return toward the T4A screen for the highest income and move the entry by crate 105 to the spot for FT students. Tax Advisor My my sold by my tuition fees when EGO received grants through OSAP directly to my bank. How ME own - Responses according a verified Canadian Tax Expert