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bibite26
Returning Member
posted Apr 9, 2025 9:03:22 AM

Quebec stock option benefit deduction seems to be limited to 25% not 50% of the stock option benefit. Is this an error we need to override?

Line 297 of Quebec return picks up 1/2 of the Federal stock option deduction amount as opposed to an amount equal to the Federal stock option deduction

0 2 486
2 Replies
JoanneLH
Employee Tax Expert
Apr 9, 2025 10:38:41 AM

The security option deduction on Line 297 of the Quebec return is equal to 25% of the benefit received,  50% may be available if certain conditions are met.  You can learn more here, but you should not have to override the entry.
@bibite26 

TurboTaxAniqua
Moderator
Apr 13, 2025 1:15:24 PM

@bibite26 The deduction is the total of the amounts in boxes L-9, L-10, L-12 and L-13 of your RL-1 slip. It is equal to 25% of the benefit deemed received in the year (or 50% of the benefit if certain conditions are met). To learn more, see guide IN-253-V, Taxable Benefits.

 

For more information, Refer from this resource from Revenu' Quebec.