Line 130 - Other income

Use this line to report taxable income that is not reported anywhere else on the return. Make sure you have read the instructions for lines 101 to 129 first. Identify the type of income you are reporting in the space to the left of line 130 on your return. If you have more than one type of income, attach a note to your paper return giving the details.

For other amounts not listed, call our T.I.P.S. (Info-Tax) service. See the T.I.P.S. information on the back cover. To find out if an amount is taxable, contact us.

Note
Special rules apply for income from property one family member lends or transfers to another. See "Loans and transfers of property" on page 12 for more information.

Scholarships, fellowships, bursaries, study grants, and artists' project grants

Total all the amounts you received in 1999 (box 28 of your T4A slips). Report on line 130 only the amount that is more than $500.

Example
Kimiko received a $1,500 scholarship to attend university. She subtracts the $500 tax-free amount and reports $1,000 on line 130.

Note
If you received an artists' project grant, you can subtract the $500 or your expenses, whichever you prefer, but not both. However, the expenses you claim cannot be more than the grant. You cannot claim personal living expenses while at your usual place of residence.

Report prizes and awards you received as a benefit from your employment or in connection with a business. However, these are not eligible for the $500 tax-free amount. If you received a research grant, see line 104.

For more information, get Interpretation Bulletin IT-75, Scholarships, Fellowships, Bursaries, Prizes, and Research Grants.

Lump-sum payments

Include lump-sum payments from pensions and deferred profit-sharing plans (box 18 of your T4A slips and box 22 of your T3 slips) received when you leave a plan.

Retiring allowances (severance pay)

A retiring allowance includes an amount paid as severance pay. Include the amount shown in boxes 26 and 27 of your T4A slips.

Also, report any retiring allowance included in the amount in box 26 of your T3 slips. Details regarding the retiring allowance will be shown in box 36 and in the footnotes area of the slips.

Note
You may be able to deduct legal fees you paid to get a retiring allowance. See line 232 for details.

Tax Tip
You may be able to transfer part or all of your retiring allowances to your registered retirement savings plan (RRSP). See "Line 9 - Transfers" on page 20.

Death benefits (other than Canada or Quebec Pension Plan death benefits)

A death benefit is an amount you receive, after a person's death, for that person's employment service. It is shown in box 28 of your T4A slips or box 35 of your T3 slips.

You may not have to pay tax on up to $10,000 of the benefit you received. If you are the only one to receive a death benefit, report the amount you receive that is more than $10,000. Even if you do not receive all of the death benefit in one year, the total tax-free amount for all years cannot be more than $10,000. To find out what to report if anyone else also received a death benefit for the same person, call our T.I.P.S. (Info-Tax) service. See the T.I.P.S. information on the back cover.

Attach to your paper return, a note stating the amount of death benefits you received but did not include in your income.