A client has received an artist grant on a T4A for their work in progress and it seems like it should go on their T2125 since they have other self-employment income from their artistic work, but I can’t figure out how I should enter it in TaxCycle. There are options to transfer amounts to T2125 for other types of T4A income, but not for the grant it seems. Suggestions?
Take a look at:
Income Tax Folio S1-F2-C3
Income Tax Folio S4-F14-C1
Sorry for the heavy reading 3 days before the deadline. Although if the client is self-employed, you still have 6 weeks