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your mouse, or click the Calculate button.
To open links without closing the calculator, right-click
on the link and select open in new window. Province QC Tax year
2011
Taxpayer Spouse
Birth year
Combined Taxes Payable
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
Taxpayer
Are you eligible to claim the disability
amount tax credit?
Y
N
Y
N
Spouse
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
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
1995 & later
# children age 17 at Dec 31 of
tax year -born
1994
Total # children age 17 or less at Dec 31
# dependents age 18 at Dec 31
-born
1993
<- 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 only
Other income (include
property income/loss from rentals) - QC only
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)
includes
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 tax credit (based on age)
Maximum pension amount
transferable (50% x A/12 x #months married)
Amount that you are electing
to transfer - from taxpayer to spouse
Amount that you are electing
to transfer - from spouse to taxpayer
Transfer of pension income
$ from taxpayer to
spouse
$ from spouse to
taxpayer
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:
Total tax deducted from
pension income of taxpayer Federal
QC
Total tax deducted from
pension income of spouse 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
only
Other deductions - QC only
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
NON-REFUNDABLE TAX CREDITS
Taxpayer Spouse
Public transit costs (Federal)
Federal child fitness
amounts max $500 for each child age 16
or less
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 Insurance Plan Premiums remitted on prior
yr tax return
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
Medical and donations can be claimed by either spouse-see
which one works best.
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
Provincial
Unused tuition/education/text amounts from prior
year:
Federal
Unused
tuition and examination fees from prior year:
Provincial
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 tax credit
Eligible tuition and
examination fees QC (if fees total more than $100)
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 (QC amounts are automatically trs if possible):
Unused
tuition/education/textbook amounts before transfers
Maximum allowable transfer
from spouse
Unused amounts to transfer
from spouse
TAXES AND PREMIUMS Taxpayer Spouse
Federal
QC Federal
QC
Federal and QC tax before
non-refundable tax credits (A)
Basic personal amount
Spouse/equivalent
Age amount
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 fitness amount
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
Tuition and examination
fees, 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 (B)
Non-refundable tax credits @
(B) x
Donations tax credit
Enhanced dividend tax credit
Small business dividend tax
credit
Total non-refundable tax
credits (C)
Subtotal Federal (zero if
negative) and QC tax (A) - (C)
Credits transferred from one
spouse to the other (QC only) (D)
Subtotal Federal and QC tax
(zero if negative) (C) - (D)
Additional tax for Federal
alternative minimum tax (AMT)
Refundable tax credit for
medical expenses
Federal refundable working
income tax benefit (WITB)
QC refundable tax credit
respecting the work premium
Refundable QC abatement
Income tax payable
(refundable if negative)
Clawback payable re EI and
OAS
QPP on self-employment
income
QPIP on self-employment
income
Contribution to the health
services fund (HSF)
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 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 / Marginal tax rate (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.
Unused
student loan interest
Unused
tuition, education and textbook amounts
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.