T4A slip - Box 042You were issued a T4A slip with an amount in Box 042, because you received a payment of educational assistance from a registered education savings plan (RESP).
To report this amount, please follow the steps below:
1- In the "Left side menu on the Interview tab", select "Interview setup".
2- In the screen on your right, go to the "Pension" group, check the box for "Pension income. Other income and split pension income (T4A, T4A(OAS), T4A(P), T4A-RCA, T4RSP, T4RIF, T1032)" and click "Next" at the bottom of the page.
3- Return to the "Left side menu on the Interview tab" and select "Pension income, T4A". On the page to your right, choose "T4A - Pension, retirement, annuity, and other income".
4- On the page that appears entitled "T4A - Pension, retirement, annuity and other income", go to line "Box 042 - RESP educational assistance payment" and enter the amount shown in Box 042 of your T4A.
The amount will be transferred by the program to line 13000 of the federal return and, for Quebec residents, line 154 of the Quebec return, and Code 03 will be entered on Quebec line 153
ID: 20191119152423DEX.xml
Webpage: KPA390-20191119152423DE.htm