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Province
QC
Tax Year
2015
Taxpayer
Spouse
Combined Taxes Payable
Birth year
Taxpayer
Spouse
Birth month (needed for CPP premiums if
turning 18 or 70 during year)
1
2
3
4
5
6
7
8
9
10
11
12
1
2
3
4
5
6
7
8
9
10
11
12
Fed
Are you
eligible to claim the disability amount tax credit?
Y
N
Y
N
QC
Are you single? (must be "N" to
calculate spouse tax)
Y
N
Total
Are you
eligible to claim the working income tax benefit (WITB)?
Y
N
Y
N
<-Grand Total
Are you
eligible to claim the Family Tax Cut (FTC)?
Y
N
Prescription drug insurance plan - # of
months for which you are required to pay the premium:
# of months from
Jan to Jun in the tax year
0
1
2
3
4
5
6
0
1
2
3
4
5
6
# of months from Jul to Dec in the tax
year
0
1
2
3
4
5
6
0
1
2
3
4
5
6
CHILDREN AND OTHER DEPENDENTS
#
children age 16 or less at Dec 31 of tax year -born
# children age 17 at Dec 31 of
tax year -born
Total # children age 17 or less at Dec 31
# dependents age 18 at Dec 31
-born
<- Only enter
dependents here that are eligible for the QC "Amount for other
dependents" tax credit - i.e., full-time students pursuing vocational
training at the secondary level or post-secondary studies.
Birth month of dependents age
18 at Dec 31:
If more than one, put in the average of the
birth months
1
2
3
4
5
6
7
8
9
10
11
12
# dependents age 19+ at Dec 31
-born
Total # children & other dependents at Dec 31 of the
tax year
If not single, claim dependent
tax credit on the return of
Taxpayer
Spouse
If eligible, claim the Federal equivalent to
spouse (eligible dependent) tax credit for ONE of the following
dependents:
Child age 18 or less at the end of year
Y
N
Age of this child
at the end of year (zero if under 1)
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
OR other eligible relative
Y
N
Net income of dependent claimed as
equivalent to spouse
INCOME
Taxable Income
Taxpayer
Spouse
Taxpayer
Spouse
Income from:
Fed
QC
Fed
QC
Employment (RL-1 Box A, T4
Box 14)
Are you required to pay EI premiums on ALL empl.
earnings (up to annual max)?
Y
N
Y
N
If you answered "N"
above, please enter the insurable amount of your earnings, if any, below:
EI insurable earnings
Are you required to pay QPP
contributions on ALL empl. earnings (up to annual max)?
Y
N
Y
N
If you answered "N"
above, please enter the pensionable amount of your earnings, if any, below:
QPP pensionable earnings
Self-employment income (include business income/loss
from rentals)
Universal child care benefit
(UCCB) - added to income under line 275 for QC - will be claimed
by spouse with lower "net income
before adjustments"
Employment insurance benefits
(EI)
Old Age Security (OAS)
QPP retirement or disability
pension
# months in year collecting
CPP or QPP disability (not retirement) pension
0
1
2
3
4
5
6
7
8
9
10
11
12
0
1
2
3
4
5
6
7
8
9
10
11
12
Capital gains in excess of
capital losses (zero if negative)
Cdn dividends eligible for
enhanced div tax credit (RL-3 Box A1, T5 Box 24)
Cdn non-eligible dividends (RL-3 Box A2, T5 box 10)
RRSP/RRIF withdrawals (when
not eligible for pension tax credit)
Other income (include
property income/loss from rentals) - FEDERAL
Other income (include
property income/loss from rentals) - QC
Pension income (eligible for
pension tax credit for persons 65+)
Qualified pension income
(eligible for pension credit for any age)
Qualified
pension income (eligible for pension tax credit even if taxpayer is under 65,
federally, but not for Quebec) includes - life annuity payments from a
superannuation or pension plan - pmts from a RRIF, or annuity
pmts from an RRSP or from a DPSP, received as a result of the death of a
spouse or common-law partner.
Pension
splitting - maximum allowable is 50% of eligible pension income.
Taxpayer
Spouse
Taxpayer
Spouse
Make sure birth year is entered for both Taxpayer and
Spouse
Fed
QC
Fed
QC
Number of months married or
living common-law
0
1
2
3
4
5
6
7
8
9
10
11
12
A.
Total pension income eligible
for pension splitting (based on age)-FEDERAL
B
Total
pension income eligible for pension splitting (based on age)-QUEBEC
Maximum pension amount
transferable FEDERAL (50% x A/12 x #months married)
Maximum pension amount
transferable QUEBEC (50% x B)
Amount that you are electing to
transfer:
Txpr to Spouse
Spouse to Txpr
Federal
Quebec
Any resulting
additions to pension income are shown here, and reductions to income are in
deductions area.
After pension splitting -
pension income eligible for pension tax credit
Transfer of tax withheld from
eligible pension income:
Taxpayer
Spouse
Total tax deducted from
pension income of taxpayer
Federal
QC
Total income for tax purposes - line 150 Fed, line 199 QC
DEDUCTIONS
Taxpayer
Spouse
Taxpayer
Spouse
Fed
QC
Fed
QC
RRSP deduction
Other deductions - FEDERAL
Other deductions - QC
Deduction for elected
split-pension amount
Deduction for 50% of QPP on
self-employment income
Deduction for employer
portion of QPIP on self-employment income
Deduction for workers
Net income before adjustments
(for calculation of clawbacks, zero if negative) - line 234 Fed
Clawback of EI and OAS
Net income for tax purposes -
line 236 Fed, line 275 QC
Universal child care benefit
(UCCB) QC - from input in income area
Net capital losses of other
years (after Oct 17, 2000)
Non-capital losses of other
years
Taxable income (zero if
negative) - line 260 Fed, line 299 QC
Less dividend gross-up
Add back non-taxable portion
of capital gains less capital losses carried forward
Add back clawbacks (the
clawbacks are treated as another tax for the average tax rate calculation)
Adjusted taxable income (zero
if negative) for average tax rate calculation at bottom
REFUNDABLE AND NON-REFUNDABLE TAX CREDITS
Taxpayer
Spouse
Public transit costs (Federal)
Refundable Fed child
fitness-max $1,000 ea. up to age 16, up to 18 disabled
Not checked to ensure max not exceeded.
Federal child arts - max $500 each age 16 or less, 18
or less for disabled
Federal first-time homebuyers' tax credit (max $5,000
per qualifying home)
Medical expenses-usually best
claimed by lower income spouse
QC prescr. Drug Plan Prem. prior year tax return for
Federal medical claim
QC
Medical expenses which are not included in Federal medical expense claim
QC
Prescr. Drug Insurance Plan Premiums current year for QC medical claim
Federal
tax return - claim medical on tax return of
Taxpayer
Spouse
QC tax return - claim medical on tax return of
Taxpayer
Spouse
Charitable donations-usually
best claimed by higher income spouse
Carried forward donations are only required to be shown
separately if some income is taxed at highest federal tax rate in 2016.
If reducing donations because not all utilized, reduce carried forward
donations first.
Donations carried forward
from prior years - federal
Donations carried forward
from prior years - Quebec
Donations in current year -
federal
Donations in current year -
Quebec
First time donor super-credit
- Is this the first donation after 2007 for taxpayer and spouse?
Y
N
Medical and donations can be
claimed by either spouse-see which one works best.
Donations can be carried forward and used in a future year, or can be split
between spouses.
Medical
expenses can be claimed for any 12 month period ending in the tax year.
Home
renovation and homebuyer tax credits can be shared by spouses - see what
works best.
QC
age amount, amount for a person living alone, and amount for retirement
income
Are
you eligible for the amount for a person living alone?
Y
N
Amount available for credit
If
married, amount to be claimed on spouse return
Federal tax credits for age,
pension, disability, and child amounts are automatically transferred to other
spouse if unused.
Students
Taxpayer
Spouse
Student loan interest
current yr (can be carried forward up to 5 years)
Unused
student loan interest from prior year:
Federal
Quebec
Unused tuition/education/text amounts from prior
year:
Federal
Unused tuition and
examination fees after Mar 27/13:
Quebec 8%
Unused tuition and
examination fees from prior to Mar 28/13:
Quebec 20%
Resident
of different province at the previous year end - use the federal tuition fees
from your prior year T2202A, as long as this does not exceed the total
carried forward amount for tuition/education/textbook amount shown on your
federal notice of assessment. The
education/textbook amounts are not used in QC.
Tuition
fees paid in the year for Federal and QC 8% tax credit
The rate for the tax credit for tuition and examination
fees was reduced to 8% from 20% on March 28, 2013.
Federal education/textbook amounts
Part time- # of months
0
1
2
3
4
5
6
7
8
9
10
11
12
0
1
2
3
4
5
6
7
8
9
10
11
12
Full time - # of months
0
1
2
3
4
5
6
7
8
9
10
11
12
0
1
2
3
4
5
6
7
8
9
10
11
12
Transfers of Federal tuition/education amounts between
spouses and QC amounts transferable to a parent or grandparent:
Unused federal
tuition/education/textbook amounts before transfers
Maximum federal allowable
transfer from spouse
Unused federal amounts
electing to transfer from spouse
Maximum Quebec tax credit
transferable to a parent or grandparent
Amount that you are electing
to transfer - this only affects amount carried forward below
TAXES AND PREMIUMS
Taxpayer
Spouse
Federal
QC
Federal
QC
Federal and QC tax before
non-refundable tax credits
Basic personal amount
Spouse/equivalent
Age amount (reduced above certain income levels)
QC age amount, person living
alone and amount for retirement income
Dependent children under 18
(Fed)
Amount for dependents (QC)
Employment credit amount
(Fed)
Pension amount
Disability amount
Public transit amount (Fed)
Federal child arts amount
First-time homebuyers'
amount
Employment insurance
QPP on empl earnings
1/2 QPP on self-empl
earnings
QPIP premiums paid on empl
earnings
QPIP premiums on self-empl
earnings
Federal tuition education
and textbook amounts
Amounts transferred from
spouse
Student loan interest (see
bottom for amount unused)
Medical expenses
Total amount for
non-refundable tax credits federal Line 335 (A)
Non-refundable tax credits @
(A) x
Donations tax credit
Subtotal non-refundable tax
credits federal Line 350
Tax subtotal before family
tax cut & dividend tax credits
Family Tax Cut (FTC) - can
be claimed by either spouse on tax return
Enhanced dividend tax credit
Small business dividend tax
credit
Experienced worker tax credit
for age 65+
QC Tuition and examination
fees tax credit
Subtotal Federal (zero if
negative) and QC tax
Credits transferred from one
spouse to the other (QC only) (D)
Subtotal Federal and QC tax
(zero if negative)
Additional tax for Federal
alternative minimum tax (AMT)
Refundable QC abatement
Refundable tax credit for
medical expenses
Federal refundable working
income tax benefit (WITB)
Federal refundable child
fitness tax credit
QC refundable tax credit
respecting the work premium
QC refundable Tax Shield
Clawback payable re EI and
OAS
QPP on self-employment
income
QPIP on self-employment
income
Contribution to the health
services fund (HSF)
Progressive health
contribution
Premium payable under the QC
prescription drug insurance plan
Total payable (refundable if
negative)
<-(A)->
<-(A)->
Less total income tax
deducted (information slips/instalments) - Fed/QC
Transfer of withholding tax
re pension splitting
Adjusted total income tax
credits
Add advance payment of work
premium - RL-19 boxes A and B
Balance
payable (refund due if negative)
Total
Federal and QC balance payable (refund due if negative)
QPP paid on employment
income
(B)
(B)
EI paid on employment income
(C)
(C)
QPIP paid on employment
income
(D)
(D)
Total Federal and QC taxes,
clawbacks, QPP/EI premiums
(A+B+C+D)
(A+B+C+D)
Taxable
income without RRSP deduction
Tax
savings re RRSPs / % tax savings (see note below)
Average
tax rate based on taxable income
=
total taxes, clawbacks, CPP/EI divided by taxable income
Avg
tax rate based on adjusted taxable income
Note: RRSP
contributions by one spouse may also reduce the taxes payable of the other
spouse - this is not reflected in the RRSP savings.
When RRSP contributions cause UCCB income to move from one spouse to the
other, tax savings re RRSPs are not accurate.
If the RRSP contribution amount doesn't cause a change to next lower tax
bracket, % tax savings = marginal tax rate.
Unused
student loan interest
Unused
tuition, education and textbook amounts
Donations
in excess of 75% of net income - carry forward
Federal
alternative minimum tax (AMT) is estimated based on available
information. AMT not calculated for
QC.
This calculator is intended to be used for planning
purposes. It does not include every available tax credit. We strive for
accuracy, but cannot guarantee it.
Calculations are based on rates known as of May 14, 2016.