Quebec 2020 and 2019 Personal Marginal Income Tax Rates

Please read the article Understanding the Tables of Personal Income Tax Rates.

The Quebec tax brackets and personal amount are increased for 2020 by an indexation factor of 1.0172. Quebec's indexation factor is calculated using the Quebec consumer price index (CPI) All-items excluding alcoholic beverages, tobacco products and smokers' supplies and recreational cannabis. The Federal tax brackets and personal amount are increased for 2020 by an indexation factor of 1.019. The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency or Revenue Quebec information.

The Quebec basic personal amount is rounded to the nearest $1, beginning with the 2018 taxation year. The Quebec tax thresholds are rounded to the nearest $5. 2017 is the base year for the thresholds and the personal amount.

The dividend tax credit rates for both eligible and non-eligible dividends were reduced for dividends received after March 27, 2018, and are further reduced each year until 2020 for eligible dividends, and 2021 for non-eligible dividends. The marginal rates below reflect the reduced dividend tax rates.

The tax rates below include the reduction in rate due to the federal tax abatement of 16.5% of federal tax. However, this abatement is applied to the net federal tax after deducting the basic personal amount. For this reason, the federal personal amount tax credit is also reduced by 16.5%. The Federal personal amount shown below is before the reduction from the federal tax abatement.

Quebec Personal Income Tax Brackets and Tax Rates
2020 Taxable Income	2020 Tax Rates	2019 Taxable Income	2019 Tax Rates
first $44,545	15.00%	first $43,790	15.00%
over $44,545 up to $89,080	20.00%	over $43,790 up to $87,575	20.00%
over $89,080 up to $108,390	24.00%	over $87,575 up to $106,555	24.00%
over $108,390	25.75%	over $106,555	25.75%

Combined Federal & Quebec Tax Brackets and Tax Rates
2020 Taxable Income	2020 Marginal Tax Rates				2019 Taxable Income	2019 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
	Other Income	Capital Gains	Eligible	Non-Eligible		Other Income	Capital Gains	Eligible	Non-Eligible
first $44,545	27.53%	13.76%	4.53%	17.50%	first $43,790	27.53%	13.76%	4.42%	16.60%
over $44,545 up to $48,535	32.53%	16.26%	11.43%	23.25%	over $43,790 up to $47,630	32.53%	16.26%	11.32%	22.35%
over $48,535 up to $89,080	37.12%	18.56%	17.77%	28.53%	over $47,630 up to $87,575	37.12%	18.56%	17.65%	27.63%
over $89,080 up to $97,069	41.12%	20.56%	23.29%	33.13%	over $87,575 up to $95,259	41.12%	20.56%	23.17%	32.23%
over $97,069 up to $108,390	45.71%	22.86%	29.62%	38.41%	over $95,259 up to $106,555	45.71%	22.86%	29.51%	37.51%
over $108,390 up to $150,473	47.46%	23.73%	32.04%	40.42%	over $106,555 up to $147,667	47.46%	23.73%	31.93%	39.52%
over $150,473 up to $214,368	50.15%	25.07%	35.75%	43.51%	over $147,667 up to $210,371	49.97%	24.98%	35.38%	42.41%
over $214,368	53.31%	26.65%	40.10%	47.14%	over $210,371	53.31%	26.65%	39.99%	46.25%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains). Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%. For more information see Quebec dividend tax credits.
Quebec Basic Personal Amount
2020 Personal Amount	2020 Tax Rate				2019 Personal Amount	2019 Tax Rate
$15,532	15%				$15,269	15%
Federal Basic Personal Amount
2020 Personal Amount (1)	2020 Tax Rate				2019 Personal Amount	2019 Tax Rate
$13,229	15%				$12,069	15%

(1) The 2020 federal personal amount is increased from $12,298 to $13,229 for taxpayers with net income of $150,473 or less. For incomes above this threshold, the additional amount of $931 is reduced until it becomes zero at net income of $214,368. The marginal tax rates above have been adjusted to reflect this change.

Revised: October 26, 2023