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Quebec Income Tax & RRSP Savings Calculator

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Calculators > Quebec income tax planning calculator

Quebec Income Tax and RRSP Savings Calculator for 2016, 2017 and Prior Years

The detailed Quebec Income Tax Calculator for 2016/2017 (click link to open the calculator in a new window) is a great tax planning and financial planning tool, but will not actually file your tax return for you.  See below for previous year calculators.  We've eliminated the French version of the current year calculator, because it is extra work, and is rarely accessed.

The 2016/2017 Calculator will retain all of your data data, on your computer, depending on your browser settings.  If you are on a public computer, click reset to clear the data before you close the browser.

If you want the information to be retained, ensure that your browser is set appropriately:

bulletInternet Explorer ( IE) - Tools, Internet Options, Privacy, Advanced - make sure that "always allow session cookies" is checked.
bulletChrome - Settings, Advanced Settings, Privacy, Content settings, Allow local data to be set.
bulletFirefox - Tools, Options, Privacy - under History where it says "Firefox will:", change to "Use custom settings for history".  Then make sure that "Accept cookies from sites" is checked.  Accept third-party cookies - this setting doesn't matter.  Keep until - this should be set to "they expire" or "ask me every time".

The tax calculator includes most available deductions and tax credits, and pension splitting.  It will be especially useful as a tax planning tool for those who have some control over their income, such as

bullet people making RRIF/RRSP withdrawals
bullet incorporated business owners
bullet investors trying to decide between investments which produce capital gains, Canadian dividends, or other investment income

If you hover over many of the fields in the calculator, you will see information regarding that particular field.

The calculator includes links to information on some of the non-refundable tax credits.  The links open in the same window, replacing the calculator, but when the browser Back button is clicked, the previously entered information is still available in the calculator.  To open the links in a new window, right-click on the link, and select "Open in New Window".

Quebec Income Tax & RRSP Savings Calculators for Prior Years

Features Included in the Quebec Income Tax & RRSP Savings Calculator:

bulletincludes tax rates known as of the date shown in the calculator.
bullet calculates taxes for both spouses
bulletincome that can be included:
bulletemployment and self-employment income
bulletOld Age Security (OAS)
bulletCanada Pension Plan (CPP)
bulletcapital gains
bulletCanadian eligible and non-eligible dividends
bulletRRSP and RRIF withdrawals
bulletother income, including EI special benefits, interest, foreign dividends, some pensions, rental income, etc.
bulletPension income - regular and qualified
bulletworkers' compensation benefits
bulletsocial assistance payments
bulletnet federal supplements (box 21 on the T4A (OAS) slip
bullet calculates Federal alternative minimum tax (AMT) using available information, but does not calculate Quebec AMT.  The AMT calculation is only useful as it relates to capital gains and Canadian dividends.
bullet shows savings from RRSP deductions, and % tax savings from RRSP deduction
bulletcan show marginal tax rate  if $100 RRSP deduction amount is entered in the RRSP deduction field - for this purpose, put your actual RRSP deduction in the RRSP deduction field - the RRSP savings will be incorrect, but the RRSP tax savings % will be your marginal tax rate.
bullet calculates CPP and EI premiums on employment and self-employment (CPP only) income
bullet option to indicate that employment earnings are not subject to EI premiums (useful for incorporated business owners earning employment income)
bullet calculates OAS clawback and EI clawback
bullet allows pension splitting, and includes the changes from the QC 2014 budget.
bullettax credits calculated:
bullet basic personal amount
bullet spouse or common-law spouse
bullet equivalent to spouse, including dependent child or other eligible dependent  
bullet QC age amount, amount for a person living alone, and amount for retirement income
bullet QC amount for dependents
bullet QC tax credit for experienced workers age 65+ - experienced worker tax credit
bulletFamily Tax Cut (FTC) - 2014 & 2015, eliminated for 2016 as per the Liberal platform
bulletpension income tax credit explains how pension splitting can result in a pension tax credit for the spouse receiving the transferred pension
bullet age amount - this is reduced above certain income thresholds
bullet disability tax credit
bullet public transit tax credit
bullet child fitness tax credit
bullet First-time homebuyers' tax credit
bulletmedical expense tax credit 
bullet donations tax credit - will alert you if all of your donations are not utilized, or if your donations exceed 75% of net income.  The 75% limit doesn't apply for the Quebec donations tax credit starting in 2016.
bulletfederal dividend tax credits
bulletQuebec dividend tax credits
bullet tuition, education and textbooks, student loan interest
bullet QC refundable tax credit respecting the work premium
bullet Working income tax benefit (WITB) - Note:  you are required to indicate in the calculator if you are eligible for the WITB.  If you indicate that you qualify, the calculator will determine the amount you will receive, if any, based on your income.  Read the article on the WITB (above link) to determine if you qualify.

The article on the pension income tax credit explains how pension splitting can result in a pension tax credit for the spouse receiving the transferred pension.

Line 104 Other Employment Income

This income should be included with Line 101 employment income in the calculator.  However, do not include it in the insurable or pensionable income amounts below the employment income line.

Comparing Scenarios

If you want to compare different scenarios, come back to this page to open the calculator a second time (right click the link, and select open in new window), and compare them side by side.

Tax Rates

To see the current tax rate tables for each province, go to the Tax Rates page and click on the link for your province, or go to the marginal tax rates page.

FAQ re the Tax Calculators:

Is the "tax savings re RRSPs" the amount of the income tax refund I would get?

Answer:

The  "tax savings re RRSPs" is the amount your income taxes will be reduced for that amount of RRSP contribution (make sure the contribution doesn't exceed your RRSP deduction limit - this is not checked by the calculator).  Compare the total income taxes result from the calculator to what you have actually paid during the year to determine the amount of your refund.

Printing the Calculator Results

Basic Tax Calculator

If you are looking for a more simple tax calculator, see our Basic Canadian Income Tax Calculator, where you input your income from capital gains, Canadian eligible and non-eligible dividends, and other income, in order to see the taxes payable for a single person.  The Basic Tax Calculator shows the marginal tax rates for each type of income, as well as total income taxes payable for each province for a number of years.

Other topics related to the Quebec Tax Calculator:

bulletNon-taxable amounts
bulletQuebec Personal tax credits
bullet Taxable Income, Net Income and Total Income
bulletWorking in another province

Check out our other calculators.

Revised: November 28, 2016

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