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Will the Nova Scotia Bursary affect my income tax?🔹 Do I have to pay tax on the Nova Scotia Bursary? 🔹 Will the bursary show up on my taxes?
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The Nova Scotia Bursary is considered taxable income and may appear on a T4A slip if your total bursary and scholarship income exceeds $500 in a year. Whether you owe tax depends on your overall income.