TaxTips.ca - Quebec Investment Income Tax Calculator for 2018 and 2019

Quebec Investment Income Tax Calculator
Illustration of the Effect of Different Investment Income Types

Tax Year					Taxes Payable
Taxpayer Information					Taxes Before Clawback
	Province of Residence		QC		Clawback Payable
	Birth Year				Total Taxes Payable

Income			Actual	Taxable	Try shifting income from other income to Canadian eligible or non-eligible dividends, and see the difference in taxes payable, even when the OAS clawback might increase. Enter above results below, shift some income, and see the difference.
	Old Age Security
	QPP/CPP
	Capital Gains
		Enter the actual amount of capital gains in excess of losses.
	Canadian Eligible Dividends
		Enter the actual amount of dividends.
	Canadian Non-Eligible Dividends
		Enter the actual amount of dividends.
	RRSP/RRIF Withdrawals
		Only include RRIF withdrawals if age is less than 65.
	Other Income				Previous Calculation Results
		Include interest and foreign dividends, etc.			Taxes Before Clawback
	Pension Income Eligible for the Pension Tax Credit				Clawback Payable
		This would include RRIF withdrawals when age is 65+.			Total Taxes Payable
		Pension income not eligible for the pension tax credit should be in other income.			Difference
					Taxes Before Clawback
Less OAS Clawback					Clawback Payable
Actual and Taxable Income					Total Taxes Payable

If income is moved from "other income" to Canadian dividends, total taxes will be reduced even as the OAS clawback increases.
This calculator includes the same tax credits as the detailed Quebec Income Tax and RRSP Savings Calculator.
Calculations are based on tax rates known as of December 29, 2018

TaxTips.ca Calculators -> Investment Income Tax Calculator information page Note: This calculator will retain data. Click Reset before closing if using on a public computer. Best viewed in Chrome, Firefox, or Vivaldi. Printing works best from Chrome or Vivaldi.