I am a US resident that has a scholarship for Canada University. I commute to Canadian school from US. Is the scholarship taxable in US? Is Scholarship taxable in Canada?

Received a Canadian T4. Scholarship is for more than tuition.

posted

Yes, the excess scholarship is taxable in the US. As for Canada, you will need to contact TurboTax Canada for that answer.

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Do you have an Intuit account?