Why do I have to provide my Social Insurance Number?
Reimbursement funding totaling under $499 in each tax year is tax exempt, while funding totaling over $499 in each tax year is considered a taxable benefit, as per federal legislation. The applicant’s Social Insurance Number must be provided to comply with federal and provincial income tax laws. Irrespective of the amount, T4A information will be sent to all individuals who have received funding from this program. For more information check Paragraph 56.1.n of the Income Tax Act or visit www.cra-arc.gc.ca/E/pub/tp/it75r4/it75r4-e.pdf