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RRSP Withdrawal Tax in Quebec (2026)

Quebec is the only province where CRA withholding is combined with Revenu Québec provincial withholding: 19% / 24% / 29% on ≤$5,000 / $5,001–$15,000 / over $15,000. Final tax at filing depends on your Quebec marginal rate (other income + brackets).

Withholding at Source (Quebec)

Withdrawal amount Federal Provincial (RQ) Combined
Up to $5,000 5% 14% 19%
$5,001 – $15,000 10% 14% 24%
Over $15,000 15% 14% 29%

Source: CRA S3-F10-C3 and Regulation 103, Revenu Québec IN-105. Withholding is a prepayment — your final tax at filing is your combined federal + Quebec marginal rate.

Tax on Every RRSP Withdrawal Amount (Quebec, 2026)

Assumes RRSP withdrawal is your only income — e.g. retiree with no employment or CPP/OAS yet. 2026 basic personal amount shelters the first ~$16,129 federally.

Withdrawal Withheld Actual tax Effective rate Refund / (Owing) Net in hand
$300 $57 $0 0.0% $57.00 $300
$1,000 $190 $0 0.0% $190.00 $1,000
$2,000 $380 $0 0.0% $380.00 $2,000
$3,000 $570 $0 0.0% $570.00 $3,000
$4,500 $855 $0 0.0% $855.00 $4,500
$5,000 $950 $0 0.0% $950.00 $5,000
$8,000 $1,920 $0 0.0% $1,920.00 $8,000
$10,000 $2,400 $0 0.0% $2,400.00 $10,000
$15,000 $3,600 $0 0.0% $3,600.00 $15,000
$20,000 $5,800 $561 3.0% $5,238.52 $19,439
$25,000 $7,250 $1,846 7.0% $5,404.02 $23,154
$30,000 $8,700 $3,130 10.0% $5,569.52 $26,870
$35,000 $10,150 $4,415 13.0% $5,735.02 $30,585
$40,000 $11,600 $5,699 14.0% $5,900.52 $34,301
$50,000 $14,500 $8,268 17.0% $6,231.52 $41,732
$60,000 $17,400 $11,200 19.0% $6,199.60 $48,800
$70,000 $20,300 $14,812 21.0% $5,487.85 $55,188
$75,000 $21,750 $16,618 22.0% $5,131.97 $58,382
$100,000 $29,000 $25,647 26.0% $3,352.60 $74,353
$150,000 $43,500 $47,596 32.0% ($4,096.31) $102,404
$200,000 $58,000 $71,791 36.0% ($13,791.24) $128,209
$300,000 $87,000 $123,143 41.0% ($36,142.94) $176,857

$20,000 Withdrawal on Top of Other Income (Quebec 2026)

What a $20,000 RRSP withdrawal actually costs in Quebec when stacked on your existing income. Effective rate rises as marginal rate climbs into higher brackets.

Other income: $0

$561

3.0% effective

Withheld $5,800 → refund $5,239

Other income: $30,000

$5,138

26.0% effective

Withheld $5,800 → refund $662

Other income: $60,000

$7,224

36.0% effective

Withheld $5,800 → owe $1,424

Other income: $100,000

$7,925

40.0% effective

Withheld $5,800 → owe $2,125

Run the numbers with your exact amount, other income, and year: Open RRSP Withdrawal Tax Calculator →

RRSP Withdrawal Tax in Other Provinces

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Frequently asked questions

How much withholding tax is deducted on an RRSP withdrawal in Quebec?

In Quebec, withholding combines federal and provincial: 19% on withdrawals up to $5,000, 24% on $5,001–$15,000, and 29% above $15,000. The 14% provincial share goes to Revenu Québec; the federal share (5% / 10% / 15%) goes to CRA.

What is the final tax rate on an RRSP withdrawal in Quebec?

The final tax equals your combined federal + Quebec marginal rate times the withdrawal. With no other income in 2026, a $20,000 withdrawal actually costs $561 (3.0% effective). At $60,000 other income it climbs to $7,224 (36.0%).

Is RRSP withdrawal taxable income in Quebec?

Yes — fully added to your taxable income for the year and taxed at your combined federal + Quebec marginal rate. The withholding is a deposit, not the final bill.

Why is Quebec's RRSP withholding higher than other provinces?

Quebec administers its own income tax system, so Revenu Québec withholds 14% provincial at source on top of the federal 5% / 10% / 15%. The combined rates (19% / 24% / 29%) front-load more tax than every other province, but you're settling your provincial tax earlier — final tax at filing is close to what it would be in Ontario for the same income level.

Last updated May 1, 2026Tax year 2026

Data sources: CRA (canada.ca)

This tool is general information only, not financial advice.

Reviewed by CA Tax Tools Editorial Desk

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