Quebec income tax calculator 2023

Get a quick, free estimate of your 2023 income tax refund or taxes owed using our income tax calculator. Plus, explore Canadian and provincial income tax FAQ and resources from TurboTax.

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2023 Quebec provincial and federal income tax brackets

Here are the tax brackets for Quebec and Canada based on your taxable income.

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Canadian tax basics

Whether you’re a first-time filer or need a refresher, use these videos to
learn more about filing your Canadian income tax return.

Tax Basics: How Taxes Work in Canada

So how exactly do taxes work in Canada?
This video explores the Canadian tax system and covers everything from what a tax bracket...

Frequently asked questions

Anytime you invest your money into something that increases in value, such as stocks, mutual funds, exchange-traded funds (ETFs), or real estate, that increase is considered a capital gain.

Your capital gains will only be realized and taxable when you cash in your investment. Only 50% of your realized capital gains are taxed at a marginal rate based on your province of residence.

In Quebec, your capital gains are taxed according to the combined marginal capital gains tax rates below:

2023 taxable income QC marginal capital gains tax rate
first $49,275 13.76%
over $49,275 up to $53,359 15.76%
over $53,359 up to $98,540 18.06%
over $98,540 up to $106,717 20.56%
over $106,717 up to $119,910 22.86%
over $119,910 up to $165,430 23.73%
over $165,430 up to $235,675 25.12%
over $235,675 26.65%

Learn more about the capital gains tax

The tax rates in Quebec range from 14% to 25.75% of income and the combined federal and provincial tax rate is between 26.53% and 53.31%.

Quebec’s marginal tax rate increases as your income increases so you pay higher taxes on the level of income that falls into a higher tax bracket.

Learn more about Quebec’s marginal tax rate

Quebec does not have a carbon tax rebate program. The province implements a cap-and-trade program instead to reduce greenhouse gas emissions while also keeping the cost of carbon pricing low for Quebec residents.

Learn more about Quebec’s cap-and-trade program

The amount of tax your employer deducts from your paycheque varies based on where you fall inside the federal and Quebec tax brackets.

Federal income tax rates in 2023 range from 15% to 33%. Quebec income tax rates in 2023 range from 14% to 25.75%.

The amount of income tax that was deducted from your paycheque appears in RL-1 Box E.

Learn more about income tax withholding

The Government of Quebec develops and administers its own tax laws and policies. Quebec residents must file a separate provincial tax return (TP1) with Revenue Quebec.

Learn more about income tax in Quebec

The deadline to file your 2023 income tax return in 2024 is midnight on April 30. If you’re self-employed, your tax return is due on June 17, 2024, since June 15 falls on a Saturday.

Learn more about tax deadlines

It can take 2 to 3 weeks to receive a refund when you transmit your return via NETFILE. For mailed returns, refunds are mailed out in 4 to 6 weeks following receipt of the return by the CRA or the Revenu Quebec.

Learn more about tax refunds

If you have to pay income taxes to the CRA, you can do so online through the CRA’s My Payment online portal. Pay by setting up a pre-authorized debit agreement using CRA My Account or through a third-party service provider with credit card, e-transfer, or PayPal.

Learn more about paying your taxes online

If you’re a resident of Canada for any part of the year and are earning income, whether that’s employment, self-employment, investment or other income, you're subject to Canadian income tax. There are no exemptions for age or occupation.

Learn more about who’s required to file an income tax return

The CRA requires that you retain your records for a minimum of 6 years, by law.

You can ask to amend your tax return for up to the previous 10 years, so it’s a good idea to maintain your records for that long.

Learn more about maintaining your income tax records

Canada Tax Checklist

Free tax checklist

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