No, the Quebec Solidarity Tax Credit does not count as taxable income.
The refundable tax credit is provided to low-income earners, which reduces a portion of the income tax owed. The amount of the credit is paid out over a 12 month period and depends on factors such as family income and the number of dependents.
There are certain criteria you must be privy to in order to receive this credit, which include:
- You must be 18 years of age or older and a resident of Quebec.
- If you have a child or a spouse, you may be eligible even if you are younger than 18 years old.
- You must be a Canadian citizen, permanent resident or the holder of a resident permit.
For more information please refer to the following TurboTax article:
Thank you for choosing TurboTax