By | Quebec Tax Rates | |||||||||
| 2024 Taxable Income | 2024 Tax Rates | 2023 Taxable Income | 2023 Tax Rates | ||||||
| first $51,780 | 14.00% | first $49,275 | 14.00% | ||||||
| over $51,780 up to $103,545 | 19.00% | over $49,275 up to $98,540 | 19.00% | ||||||
| over $103,545 up to $126,000 | 24.00% | over $98,540 up to $119,910 | 24.00% | ||||||
| over $126,000 | 25.75% | over $119,910 | 25.75% | ||||||
| Combined Federal & Quebec Tax Brackets and Tax Rates | |||||||||
| 2024 Taxable Income | QC 2024 Marginal Tax Rates | 2023 Taxable Income | QC 2023 Marginal Tax Rates | ||||||
| Other Income |
Capital Gains |
Canadian Dividends | Other Income |
Capital Gains |
Canadian Dividends | ||||
| Eligible | Non-Eligible | Eligible | Non-Eligible | ||||||
| first $51,780 | 26.53% | 13.26% | 3.15% | 17.90% | first $49,275 | 26.53% | 13.26% | 3.15% | 17.90% |
| over $51,780 up to $55,867 | 31.53% | 15.76% | 10.05% | 23.65% | over $49,275 up to $53,359 | 31.53% | 15.76% | 10.05% | 23.65% |
| over $55,867 up to $103,545 | 36.12% | 18.06% | 16.39% | 28.93% | over $53,359 up to $98,540 | 36.12% | 18.06% | 16.39% | 28.93% |
| over $103,545 up to $111,733 | 41.12% | 20.56% | 23.29% | 34.68% | over $98,540 up to $106,717 | 41.12% | 20.56% | 23.29% | 34.68% |
| over $111,733 up to $126,000 | 45.71% | 22.86% | 29.63% | 39.96% | over $106,717 up to $119,910 | 45.71% | 22.86% | 29.63% | 39.96% |
| over $126,000 up to $173,205 | 47.46% | 23.73% | 32.04% | 41.97% | over $119,910 up to $165,430 | 47.46% | 23.73% | 32.04% | 41.97% |
| over $173,205 up to $246,752 | 50.23% | 25.12% | 35.87% | 45.16% | over $165,430 up to $235,675 | 50.23% | 25.12% | 35.87% | 45.16% |
| over $246,752 | 53.31% | 26.65% | 40.11% | 48.70% | over $235,675 | 53.31% | 26.65% | 40.11% | 48.70% |
|
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%. |
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| Quebec Basic Personal Amount | |||||||||
| 2024 Personal Amount | 2024 Tax Rate | 2023 Personal Amount | 2023 Tax Rate | ||||||
| $18,056 | 14% | $17,183 | 14% | ||||||
| Federal Basic Personal Amount | |||||||||
| 2024 Personal Amount Minimum / Maximum | 2024 Tax Rate | 2023 Personal Amount Minimum / Maximum | 2023 Tax Rate | ||||||
| $14,156 | $15,705 | 15% | $13,520 | $15,000 | 15% | ||||
