I do not understand how I owe Quebec 494.66 while employer was already deducting from my pay

[SaschaH]

Hello, It's understandable why you'd be surprised to owe Quebec income tax when your employer was already deducting from your paycheque. Let's make sure there wasn’t an error on Box 22 on your T4.

Basically, I'm asking you to compare two numbers:

1. The amount in Box 22 on the tax form your employer gave you (T4).
2. The total amount of Provincial tax your employer took off your paychecks throughout the entire year of 2024. You can usually find this on your last paystub of that year.

If the number from Box 22 on your T4 is the SAME as the total Provincial tax taken from your pay checks in 2024: This means your employer correctly reported the Provincial tax they deducted. In this case, unfortunately, there's likely nothing you can do to change that amount on your tax return.

If the numbers are DIFFERENT: This could mean there was a mistake. You should then contact your employer's payroll department to understand why the amounts don't match. They may need to issue a corrected T4 form.

Here are some tax credits that you might be eligible for, and these could decrease the amount of tax you need to pay.

• RRSP Contributions: As mentioned above, these are deductible from your income.
• First Home Savings Account (FHSA) Contributions: If you are a first-time home buyer, contributions to an FHSA are also tax-deductible, similar to RRSPs. Withdrawals to purchase a qualifying first home are tax-free. There are annual and lifetime contribution limits.
• Moving Expenses: If you meet the criteria, these are also deductible.
• Interest Paid on Student Loans/Investments: While a non-refundable credit, the amount of interest paid is a deduction used to calculate the credit.
• Union Dues and Professional Dues: If you paid these as part of your employment, you can deduct them.
• Employment Expenses: If your employer requires you to pay for certain work-related expenses that are not reimbursed, you may be able to deduct them. You'll typically need your employer to complete Form T2200, Declaration of Conditions of Employment.

Hope that was helpful.