Net researche grants
You were awarded a research grant which was declared on
a T4A slip in Box 104 and for residents of Quebec
on an RL-1 in Box O with code RC.
A research grant is generally money you are given to pay for
your expenses needed to carry out a research project.
Your allowable expenses cannot exceed the amount of your
research grant.
For more information on research grants, please visit the
following links:
For the CRA:
https://www.canada.ca/en/revenue-agency/services/tax/individuals/topics/about-your-tax-return/tax-return/completing-a-tax-return/personal-income/line-104-other-employment-income/line-104-net-research-grants.html
Revenu Québec:
https://www.revenuquebec.ca/en/citizens/income-tax-return/completing-your-income-tax-return/completing-your-income-tax-return/line-by-line-help/96-to-164-total-income/line-154/point-3/
Please read paragraph J of this link for
more details.
We recommend that you keep a detailed statement of your
expenses and all supporting documents to be able to provide upon
request.
To declare this research grant, please follow these steps:
1- On 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), COVID-19 benefits", and click "Next" at the
bottom of the page.
3- Return to the "Left side menu on the Interview tab"
and select "T4A and Pension income".
4- On the page to your right, click on the plus
sign "+" icon to the right of the line "T4A -
Pension, retirement, annuity, and other income (COVID-19
benefits)".
5- On the page that appears entitled "T4A - Pension,
retirement, annuity and other income", go to line "Other
information (COVID-19 benefits) (click on the triangle to see the
list of choices)" located in the middle of the page. Then, from
the drop-down menu, choose the option "(104) Research
Grants" and in the field on your right, enter the net
amount of your research grant.
6- For Quebec residents: If the net amount of your
research grant differs from the federal amount, click on the
"Maple Leaf" icon next to the field and a new box will be
displayed where you can enter the amount for Quebec. This box will
only appear if you have entered the federal amount first.
The amount will be transferred by the program to
line 10400 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: 20210719135319NA.xml
Webpage: KPA310-20210719135319NA.htm
