Hi,
I was a PhD student 2 years ago, with 78,000 income during that year. However, all of that income was under "T4A: Scholarships, bursaries, fellowship" and tne entiretly of it was exempted from taxation. Therefore, when filing my taxes for the year 2018, the software I used to file (UFile) added the following lines to my federal tax filing:
Line 13010 – Taxable scholarship income and research grants
[105] Scholarships, bursaries, fellowship 71,102 03
Exemption (71,102 03)
Total = 0 00
Which means, I did not pay any tax for that portion of my income because all of those bursaries were towards a degree as a fulltime student.
Now, the issue is that the line 15000 of my tax filing considers my Total Income to be around 2,000. I believe the software must have taken a shortcut/simplified path towards calculating my tax and my Total Income should have remained $73,000 and only my taxable income should have been $2,000.
I am trying to sponsor my father to join me here in Canada. I have had enough income in all those years, but, this value on my 2018 tax filing does match the reality of my income.
What should I do?
Can I still declare my correct total income in 2018 as 73,000 and sponsor my father for permanent residentship?
The $71,102 non-taxable income from bursaries and their exemptions are included in the tax filing submitted to CRA; the values are just not directly included in the Total Income calculation.
I understand that this is not very common for a graduate student in Canada to receive that much awards and bursaries, so, I would appreciate any kind of help.
I was a PhD student 2 years ago, with 78,000 income during that year. However, all of that income was under "T4A: Scholarships, bursaries, fellowship" and tne entiretly of it was exempted from taxation. Therefore, when filing my taxes for the year 2018, the software I used to file (UFile) added the following lines to my federal tax filing:
Line 13010 – Taxable scholarship income and research grants
[105] Scholarships, bursaries, fellowship 71,102 03
Exemption (71,102 03)
Total = 0 00
Which means, I did not pay any tax for that portion of my income because all of those bursaries were towards a degree as a fulltime student.
Now, the issue is that the line 15000 of my tax filing considers my Total Income to be around 2,000. I believe the software must have taken a shortcut/simplified path towards calculating my tax and my Total Income should have remained $73,000 and only my taxable income should have been $2,000.
I am trying to sponsor my father to join me here in Canada. I have had enough income in all those years, but, this value on my 2018 tax filing does match the reality of my income.
What should I do?
Can I still declare my correct total income in 2018 as 73,000 and sponsor my father for permanent residentship?
The $71,102 non-taxable income from bursaries and their exemptions are included in the tax filing submitted to CRA; the values are just not directly included in the Total Income calculation.
I understand that this is not very common for a graduate student in Canada to receive that much awards and bursaries, so, I would appreciate any kind of help.