Tax Updates
Starting for 2019 tax year (January to December), if you are planning to file a Canadian tax return, Canada Revenue Agency requires that you provide your Social Insurance Number (SIN) or Individual Tax Number (ITN) so that it can be recorded on your annual tax year T2202 (T4A if the tax slip is issued).
As an international student, view the Canada Revenue Agency information for international students and details about residency for tax purposes, to determine if you are eligible to file a Canadian tax return. If not eligible or NOT required to file a Canadian tax return, SIN/ITN is not required on T2202 and T4A so you are NOT required to apply for a SIN/ITN for the sole purpose of reporting it to the University of Toronto.
If you are a new international student who is not residing in Canada and have not yet received your study permit, you will not be eligible to apply for SIN/ITN. After you have arrived in Canada and have received your study permit you can apply for SIN/ITN. As soon as you have received your SIN/ITN, please record this on ACORN ‘Profile & Settings’. For more information visit the Centre for International Experience website for your campus:
- Centre for International Experience (St. George)
- International Education Centre (UTM)
- International Student Centre (UTSC)
If you are planning on filing a 2024 tax return, please log into ACORN and record your SIN or ITN in ‘Profile & Settings’ by January 31, 2025.
If you do not have a SIN, apply for a SIN. As an international student, if you are not eligible to get a SIN, you may apply for an ITN.
If you file a 2024 tax return to CRA, and fail to provide a SIN or ITN to the University to report on the 2024 T2202, CRA may subject you to a penalty of $100 per section 162, paragraph 5, of the Income Tax Act of Canada and the University may be subject to a penalty of $100.
On February 21, 2025, the 2024 tax year T2202 and the T4A will be available on ACORN for you to view and print even if you have NOT recorded your SIN or ITN on ACORN. This information will be submitted to CRA and if there is no SIN or ITN, the field will display 000-000-000.
Effective January 1, 2025, the T4A will only be available to eligible students on ACORN. Paper copies are not mailed to students. If a paper copy is required, you can request one here . An updated mailing address in ACORN and SIN is required.
You can record your SIN or ITN on ACORN and reprint the 2024 T2202 and T4A even after February 21, 2025 to file the 2024 tax return but the CRA T2202 database will not be updated until the beginning of the next month. The University will submit any T2202 information changes to CRA on a monthly basis.
For example if you record your SIN or ITN on ACORN from February 4 to February 28, CRA will receive the updated T2202 SIN information at the beginning of March.
-
2024 Tax Year Tuition and Enrolment Certificate
The tax certificate name has changed from T2202A to T2202 Tuition and Enrolment Certificate.
Canada Revenue Agency requires that you provide your Social Insurance Number (SIN) or Individual Tax Number (ITN) so that it can be recorded on your annual tax year T2202 (and your annual T4A if the tax slip is issued).
-
2024 T4A Statement of Pension, Retirement, Annuity, and Other Income
Canada Revenue Agency requires that you provide your Social Insurance Number (SIN) or Individual Tax Number (ITN) so that it can be recorded on your annual tax year T4A.
Effective January 1, 2025, the T4A will only be available to eligible students on ACORN. Paper copies are not mailed to students. If a paper copy is required, you can request one here . An updated mailing address in ACORN and SIN is required.
-
Scholarship Exemption
To claim a scholarship exemption, you must be enrolled in an educational program in which you are a qualifying student in 2022, 2023 or 2024.
Full-time enrolment
Post-secondary school scholarships, fellowships, and bursaries are not taxable if you received them in 2022 for your enrolment in a program if you are considered a full-time qualifying student for 2022, 2023 or 2024.
The scholarship exemption will be limited to the extent that the award was intended to support the student’s enrolment in the program. To determine what portion of your award was intended to support your enrolment, you should consider such factors as:
- the duration of the program
- any terms and conditions that apply to the award
- the period for which support is intended to be provided by the award
Part-time enrolment
If you have received a scholarship, fellowship, or bursary related to a part-time program for which you are a part-time qualifying student for 2022, 2023 or 2024, the scholarship exemption is equal to the tuition paid plus the costs of program-related materials.
To calculate your scholarship exemption, see the Chart to calculate the portion of the award that must be included in income.
-
The Canada Revenue Agency provides publications for students: