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T1-2024

Quebec Federal Tax

Schedule 1

This calculator comprises 3 steps:

Step 1: Federal non-refundable tax credits

Step 2: Federal tax on taxable income

Step 3: Net federal tax

the final figure (Net federal tax) is the amount to enter on line 420 of your tax return.

Quebec Federal Tax Calculator
Step 1 - Federal non-refundable tax credits
Basic Personal AmountClaim $11,3273001
Age amount (if you were born in 1950 or earlier) (use the federal worksheet)(maximum $7,033)301+2
Spouse or common-law partner amount (attach Schedule 5)303+3
Amount for an eligible dependant (attach Schedule 5)305+4
Family caregiver amount for children under 18 years of age. Number of children born for whom you are claiming the family caregiver amount352x $2,093 =367+5
Amount for infirm dependants age 18 or older (attach Schedule 5)306+6
CPP or QPP contributions: through employment from box 16 and box 17 of all T4 slips (attach Schedule 8 or Form RC381, whichever applies)(maximum $2,630.25)308+•7
on self-employment and other earnings (attach Schedule 8 or Form RC381, whichever applies)310+•8
Employment insurance premiums: through employment from box 18 and box 55 of all T4 slips(maximum $762.30)312+•9
Employment insurance premiums: on self-employment and other eligible earnings (attach Schedule 13)317+•10
Provincial parental insurance plan (PPIP) premiums paid (amount from box 55 of all T4 slips)(maximum $391.30)375+•11
PPIP premiums payable on employment income (attach Schedule 10)376+•12
PPIP premiums payable on self-employment income (attach Schedule 10)378+•13
Volunteer firefighters' amount362+14
Search and rescue volunteers' amount395+15
Canada employment amount (If you reported employment income on line 101 or line 104, see line 363 in the guide.)(maximum $1,146)363+16
Public transit amount364+17
Children's arts amount370+18
Home buyer's amount369+19
Adoption expenses313+20
Pension income amount (use the federal worksheet)(maximum $2,000)314+21
Caregiver amount (attach Schedule 5)315+22
Disability amount (for self) (claim $7,899, or if you were under 18 years of age, use the federal worksheet)316+23
Disability amount transferred from a dependant (use the federal worksheet)318+24
Interest paid on your student loans319+25
Your tuition, education, and textbook amounts (attach Schedule 11)323+26
Tuition, education, and textbook amounts transferred from a child324+27
Amounts transferred from your spouse or common-law partner (attach Schedule 2)326+28
Medical expenses for self, spouse or common-law partner, and your dependent children born in 1998 or later33029
Enter $2,208 or 3% of line 236 of your return, whichever is less.-30
Line 29 minus line 30 (if negative, enter "0")=31
Allowable amount of medical expenses for other dependants (do the calculation at line 331 in the guide)331+32
Add lines 31 and 32=332+33
Add lines 1 to 28, and line 33335=34
Federal non-refundable tax credit rate (%)x35
Multiply line 34 by line 35338=36
Donations and gifts (attach Schedule 9)349+37
Add lines 36 and 37. Enter this amount on line 50 on the next page.Total federal non-refundable tax credits350=38
Step 2 - Federal tax on taxable income
Enter your taxable income from line 260 of your return.39
Complete the appropriate column depending on the amount on line 39.Line 39 is $44,701 or lessLine 39 is more than $44,701 but not more than $89,401Line 39 is more than $89,401 but not more than $138,586Line 39 is more than $138,586
Enter the amount from line 3940
---41
Line 40 minus line 41===42
x%x%x%x%43
Multiply line 42 by line 43====44
++++45
Add lines 44 and 45====46
Step 3 - Federal Tax
Enterthe amount from line 46.47
Federal tax on split income (from line 5 of Form T1206)424+•48
Add lines 47 and 48404=49
Enter your total federal non-refundable tax credits from line 38 in the previous table35050
Family tax cut (schedule 1-A)423+•51
Federal dividend tax credit425+•52
Overseas employment tax credit (attach Form T626)426+53
Minimum tax carryover (attach Form T691)427+•54
Add lines 50 to 54=-55
Line 49 minus line 55 (if negative, enter "0")Basic federal tax429=56
Federal foreign tax credit (attach Form T2209)405-57
Line 56 minus line 57 (if negative, enter "0")Federal Tax406=58
Total federal political contributions40959
Federal political contribution tax credit (use the federal worksheet)(maximum $650)410•60
Investment tax credit (attach Form T2038(IND))412+•61
Labour-sponsored funds tax creditNet cost413Allowable credit414+•62
Add lines 60,61 and 62416=-63
Line 58 minus line 63 (if negative, enter "0"). If you have an amount on line 48 above, see Form T1206.417=64
Working income tax benefit advance payments received (box 10 of the RC210 slip)415+•65
Special taxes (see line 418 in the guide)418+66
Add lines 64, 65, and 66. Enter this amount on line 420 of your return.Net federal tax420=67