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Reporting CEWS received on T2

I’m preparing a T2 for a corporation that received the wage subsidy (April - June) and also used the temporary 10% submission reduction (March - June). Since these amounts are taxable income I’m not sure if there is a specific (new) line to include these amounts or just claim as Expense Recovery (Sch 125 Line 8249). Any suggestions from the forum?

I would think that 8242 would work for the CEWS.

1 Like

In agreement with @snoplowguy. I used 8242 Subsidies and Grants on a corporate I just completed

Thank you Wayne and Michael for your input.