Internship Honorarium during school


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Jen90hp   
Member since: Jun 20
Posts: 1
Location:

Post ID: #PID Posted on: 18-06-20 11:24:41

Hi everyone,

I hope that someone can answer my question. I try to find my case on internet but I could not find the answer.

I was a full-time student last year. I did my Co-Op (Internship) for a company during school time and got paid $2000 plus one $100 gift card at the end of the Co-OP term.

When I ask the company for T4A, they sent me T4A with $2000 under box 018 (lump sum payment).

From my research, all of the honorarium from co-op and internship term will be taxable. I am not sure this income will be considered self- employed or not because it under box 018.

Please help me to answer this question, or give me any number of CRA that I can call and get the answer.

Thank you,


Jen



Full House   
Member since: Oct 12
Posts: 2677
Location:

Post ID: #PID Posted on: 18-06-20 20:58:36

Where to report. BOX 018

Line 13000 – Other Income
Note: Line 13000 was line 130 before tax year 2019.

Use this line to report taxable income that has not been or should not be reported anywhere else on the return. In the space provided on line 13000 of your return, specify the type of income you are reporting.

As of 2019, report taxable scholarships, fellowships, bursaries, and artists' project grants on line 13010.

To find out if an amount is taxable, contact the CRA.


Scholarships, fellowships, bursaries, and artists' project grants Lump-sum payments
Retiring allowance, Death benefits (other than Canada or Quebec Pension Plan death benefits) Other kinds of income

https://www.canada.ca/en/revenue-agency/corporate/contact-information.html

1 800 959 8281


FH.

xxxxx
Additional help: You are exempt from paying taxes if your income is less than your personal deduction. ($12,000+/-)
If it is over then, Please see the link under. Upto $47,630 it is about 15%
https://www.canada.ca/en/financial-consumer-agency/services/financial-toolkit/taxes/taxes-2/5.html




---

Quote:
Originally posted by Jen90hp

Hi everyone,

I hope that someone can answer my question. I try to find my case on internet but I could not find the answer.

I was a full-time student last year. I did my Co-Op (Internship) for a company during school time and got paid $2000 plus one $100 gift card at the end of the Co-OP term.

When I ask the company for T4A, they sent me T4A with $2000 under box 018 (lump sum payment).

From my research, all of the honorarium from co-op and internship term will be taxable. I am not sure this income will be considered self- employed or not because it under box 018.

Please help me to answer this question, or give me any number of CRA that I can call and get the answer.

Thank you,


Jen







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