Please note that the University cannot provide tax advice. Whether you are able to take advantage of the following tax slips depends upon your individual circumstances. To find out more about the credits and your eligibility, you should consult a tax professional and/or the appropriate Canada Revenue Agency publications.
2016 Scholarship Tax Slips (T4A’s and Relevé 1) are now available on Minerva.
T4A’s are issued for scholarships and awards and for exemptions from tuition related to staff dependent bursaries. Students are advised to consult this Canada Revenue Agency page for more information, and to find out who is required to report this amount as income.
New: You are able to view the details of the transactions that are part of your T4A / Releve 1 totals under Student Tax Slip Details menu in Minerva.
Federal Income Tax Treatment:
- Students who receive full-time months on the T2202A qualify for the full-time education amount credit and therefore are exempt from income tax on scholarship/bursary/awards revenue.
- Students who receive part-time months on the T2202A qualify for the part-time education amount credit and will be limited to claiming the tuition fees and costs incurred for program related materials plus the basic amount of $500.
- Students who are not eligible for the part-time or full-time education amount credit may claim only the $500 basic amount.
Quebec Income Tax Treatment:
- Students who receive a Relevé 1 slip for scholarship/bursary/awards income are obliged to report it as both income (line 154) and as a deduction (line 295).
2016 Tax Receipts (T2202A and Relevé 8) are now available on Minerva.
How to access and print my tax receipts?
Under the Student Accounts Menu in Minerva is a menu entitled Student Tax Menu, where students may select the taxation year they wish to view. Tax information is available for a number of years, starting with 2002. Students are able to access printable versions of these government approved forms should paper forms be required.
A receipt that displays the total amount charged for insurance premiums for medical and dental health coverage, as well as international student health insurance, is displayed under the Medical Insurance Receipts option under the Student Tax Menu, which can be found under the Student Accounts menu on Minerva. In the event that the student has opted out of any of the options, the opt-out amount is also displayed. The net amount eligible can be included as part of your medical expenses on your income tax return.
To properly view and print your T2202A you should login to Minerva directly, rather than entering via the myMcGill portal. Information on printing your tax receipts can be found in the Help text on Minerva under the Tuition Fee Receipts menu (see “Printing the T2202A”).
In the event if you cannot access Minerva, call Service Point at 514-398-7878 to have your PIN reset.
Which student-related tax documents are produced in Minerva for me?
T2202A – This is the Tuition, Education, and Textbook Amounts Certificate. Educational institutions use this form to certify a student's eligibility for tuition, education and textbook credit amounts. Students also use it to show transfers of tuition, education and textbook amounts to a designated person. Tax receipt eligible amounts include tuition and ancillary fees which are charged to all students of the university as well as certain ancillary fees charged either at the departmental or faculty level , the latter being limited to a $250 maximum for the tax (calendar) year. Fees which are subject to this maximum are found in the chargessubjectto250maxtaxesin2015.pdf file for your convenience. Examples of fees that are not eligible to be included in the tax receipt amount include: the majority of student society charges, field trip fees, health and dental insurance charges (included on the medical receipt) and a variety of course-related charges.
Relevé 8 (Quebec) – Amount for Post-Secondary Studies. This Quebec slip reports;
Box A Permits the student to transfer an amount representing a recognized parental contribution to the child's education (reduced by 80% of the student’s net income for the year) to either or both of their parents. Box A is only completed for full-time studies that corresponds to the student’s situation:
- $2,130 for a term that was begun in the year and completed;
- $4,260 for two or more terms that were begun in the year and completed
Box B Reports tuition and other eligible fees (for those still accessing receipts from 2013: in 2013 eligible amount was allocated to Box B1 and B2 depending on the rate of the eligible tax credit related to a particular period of time).
Medical Insurance Receipt – This slip is produced as confirmation of amounts paid for Health and Dental insurance charged by either the University, or on behalf of your student society. It may be added to other medical expenses you may have in the submission of your income tax return.
T4A/Rel 1 Slips - Scholarship Tax Slips (T4A’s and Relève 1) are issued for scholarships, bursaries and awards as well as certain exemption payments that reduce tuition such as MIDAS awards, staff dependent waiver payments, Canadian Merit Scholarships, English as a Second Language summer bursaries and BC Passport to Education scholarships. See the T4A’s and Relevé 1 section of the Tax Slips page for more details. Students are advised to consult this Canada Revenue Agency page for information on who is required to report this amount as income. You should consult your provincial tax authorities for information on treatment of scholarship income on the provincial side.
Taxpayers would be well advised to photocopy or print a duplicate of any receipts to keep with their records in case of a federal or provincial tax audit. To learn more about Post Secondary Education Tax credits, please see the Revenu Quebec Tuition and Examination Fees page.
What happens if I make changes to my personal information after my tax receipt was produced or make a payment for a prior tax year?
From the end of February until May 31 the tax information is recalculated twice-monthly to ensure an up-to-date record of eligible tax receipt amounts. From June to January the tax information is recalculated once per month. The Schedule of T2202A and Relevé 8 Tuition Tax Receipts updates can be found here: 2016scheduletuitiontaxreceiptsupdates.pdf
Tuition tax receipt information for the previous tax year (2015) will be updated periodically according to the above indicated schedule.
If you believe there should be a change to tax receipt records prior to 2015, email student.accounts [at] mcgill.ca specifying the tax year and your McGill ID along with the particulars of your inquiry. Please ensure that you have verified your address in Minerva prior to submitting your request, so that the information we have on file is accurate.
Why do I need this receipt?
The eligible amount appearing on the T2202A and the Relevé 8 is a tax credit that can be used to exempt a portion of taxable income according to both federal and provincial tax regulations. The eligible amount reported will include payments in respect of tuition and certain eligible ancillary fees for the given taxation year. Please see the Canada Revenue Agency for information on the eligibility of fees at http://www.cra-arc.gc.ca/tx/tchncl/ncmtx/fls/s1/f2/s1-f2-c2-eng.html . Tax receipts will not be issued for unpaid balances still owing to the University. More information about tax receipts/slips can be found under FAQ.
Please note that a social insurance number is required to be transmitted to the Quebec government in its tax reporting for both the T4A and the RL-8 slip. It is therefore highly recommended that you provide this information via the Tax Slips menu on Minerva if you expect to be completing a Quebec income tax return. This way the University will be able to include this information on your RL-8 slip. Students should also ensure that they have a valid address by February 1st to ensure that their tax receipt will be issued on a timely basis. Students without valid addresses will have their receipts suppressed.
Where can I find the US tax form 1098-T?
As a Canadian institution, we only provide Canadian federal (T2202A) and provincial (RL-8) tax receipts. If you are filing taxes in the US you can use the Canadian receipt T2202A. McGill’s IRS number is 98-6001153. You will require this information in order to complete your US income tax returns.
Medical residents - Tax questions
What is the tuition fee amount eligible for tax credits?
This amount corresponds to the amount you actually paid out, so $700 a year (if registered for a full year, is pro-rated if registered less than 52 weeks). Since the difference between the fees normally charged by the university and the amount of $700 disbursed by the resident is paid by the establishment or its representative, the excess is not eligible for provincial or federal credits.
Why is there no number of months entered on the T-2202A issued by the university for the federal education credit?
Generally speaking, since January 1, 2004, an individual has been able to claim the amount with respect to education even if he received a salary while pursuing training relating to his job. However, you may not claim the education deduction if your tuition fees have been reimbursed by the employer. Since under the FMRQ MHSS collective agreement the establishment reimburses the university for anything over $700 in fees normally charged by the university, Medical Residents are not entitled to this deduction. It must be noted that newly admitted medical residents can deduct the number of months of Medical Clerkship completed prior to graduation when they were still a medical student (i.e. just that portion of the year).