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Province
QC
Tax Year
2018
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
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
<-Grand Total
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
Do you have children age
18 or less at Dec 31 of tax year?
Y
N
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
Can you claim a child or
other eligible relative as an eligible dependant (equivalent to spouse)?
Y
N
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
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
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)
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)
Enter ACTUAL amounts of dividends received:
Cdn dividends eligible for
enhanced div tax credit (RL-3 Box A1, T5 Box 24) - TOTAL
2018 eligible dividends received BEFORE March 28, 2018
Cdn non-eligible dividends
(RL-3 Box A2, T5 box 10) - TOTAL
2018 non-eligible dividends received BEFORE March 28, 2018
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, federally)
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.
Do you have pension income that you would like to split?
Y
N
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 enhanced QPP contributions on
employment income
Deduction for enhanced QPP contributions on
self-employment income
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
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 - i.e. actual income (zero if negative) for average tax rate
calculation at bottom
REFUNDABLE AND NON-REFUNDABLE TAX CREDITS
Taxpayer
Spouse
Federal first-time homebuyers' tax credit (max $5,000
per qualifying home)
Federal home accessibility tax credit (max $10,000)
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 current tax
year.
Donations carried forward from prior years -
federal
Donations carried forward from prior years - Quebec
Donations in current year - federal
Donations in current year - Quebec
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.
Do you want to claim student loan interest, tuition or
education/textbook amounts?
Y
N
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 for 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.
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 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
Federal first-time homebuyers' amount
Federal home accessibility tax credit
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
Federal student loan interest (see bottom for
amount unused)
Federal medical expenses
Total amount for non-refundable tax credits federal
Line 335 (A)
Non-refundable tax credits @ (A) x
Quebec student loan interest
Quebec medical expenses
Total amount for Quebec non-refundable tax credits
(B)
Quebec non-refundable tax credits @ (B) x
Donations tax credit
Subtotal non-refundable tax credits federal Line
350
Tax subtotal before dividend tax credits
Enhanced dividend tax credit
Small business dividend tax credit
Experienced worker tax credit
for age 60+
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)
QC refundable tax credit respecting the work
premium
Clawback payable re EI and OAS
QPP & enhanced QPP on self-employment income
QPIP on self-employment income
Contribution to the health services fund (HSF)
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)
Adjusted taxable
income before taxes clawbacks etc / before RRSP deduction
Adjusted taxable
income after taxes clawbacks etc / before RRSP deduction
Tax savings re
RRSPs / % tax savings - see note below re marginal tax rate
Average tax rate
based on adjusted taxable income (actual income)
= total taxes &
clawbacks (not CPP/EI) divided by adjusted taxable income
Notes: To determine your
marginal tax rate put your actual RRSP deduction into "Other
deductions", and enter $10 in the RRSP deduction field. The % tax savings is your 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. The Tax Shield is not
included in the calculation.