Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Principal Issues: Are T4A slips required to be distributed to students receiving scholarships to primary and secondary schools?
Position: Yes
Reasons: Reg. 200(2) requires all scholarship amounts to be reported in prescribed form.
XXXXXXXXXX 2011-040393
George A. Robertson, CMA
September 1, 2011
Dear XXXXXXXXXX :
Re: Filing of T4As in respect of primary and secondary school scholarships and bursaries
I am writing in response to your letter of April 15, 2011 concerning whether there is continuing need to issue T4As to students of a primary or secondary school who receive scholarships or bursaries.
Notwithstanding the fact that a scholarship or bursary may not be taxable to the recipient, subsection 200(2) of the Income Tax Regulations requires a T4A slip to be issued. According to Guide RC4157, Deducting Income Tax on Pension and Other Income, and Filing the T4A Slip and Summary, scholarship and bursary amounts would go in an "Other information" box with the code 105.
We trust these comments will be of assistance.
Yours truly,
Sharmini Ratnasingham
Assistant Director
Ontario Corporate Tax Division
Income Tax Rulings Directorate
Legislative Policy and Regulatory Affairs Branch
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