Schedule 8(Page 3-5) - fill out and auto calculate/complete form online

Protected B when completed

Part 3 – QPP contributions on self-employment income and other earnings only

(no employment income)

Net business income ⁽²⁾

(amount from line 27 of Schedule L of your Revenu Québec Income Tax Return; if negative, enter "0")

50371

Income you want to make optional contribution on

(amount from line 3 of work chart 445 of your Revenu Québec Income Tax Return)

50373

QPP pensionable earnings:

Line 1 plus line 2

(maximum $66,600)⁽³⁾

Basic exemption

(maximum $3,500)⁽³⁾

–

Line 3 minus line 4 (if negative, enter "0")

(maximum $63,100)

QPP contribution rate

x 12.8%

Line 5 multiplied by the percentage from line 6

Deduction and tax credit for QPP contributions on self-employment income
and other earnings

Required base contributions on QPP pensionable earnings:

Amount from line 7

x 84.375% =

–

Required enhanced contributions on QPP pensionable earnings:

Line 7 minus line 8

Tax credit for base QPP contributions on self-employment income and other earnings:
Enter the result of the following calculation (in dollars and cents) on line 31000 of your return:

Amount from line 8

x 50% =

Deduction for QPP contributions on self-employment income and other earnings:
Line 9 plus line 10

Enter this amount (in dollars and cents) on line 22200 of your return.

Part 4 – QPP contributions on self-employment income and other earnings

when you have employment income

Net business income ⁽²⁾

(amount from line 27 of Schedule L of your Revenu Québec Income Tax Return; if negative, enter "0")

50371

Income you want to make optional contributions on

(amount from line 3 of work chart 445 of your Revenu Québec Income Tax Return)

50373

Line 1 plus line 2

Enter the amount from line 6 of Part 2.

Actual total QPP contributions

Enter the amount from line 14 of Part 2 if it is positive (if not, enter "0").

–

Line 4 minus line 5 (if negative, enter "0")

Amount from line 6

x 15.625 =

(2)

If applicable, self-employment earnings should be prorated according to the number of months that QPP applied for
conditions a) and b) of line A in Part 1. Self-employment earnings are not prorated for condition c).

(3)

Maximum QPP pensionable earnings and the basic exemption should be prorated according to the number of months
entered on line A of Part 1. See the monthly proration table on page 1 to find the amount that corresponds to the number
of months entered on line A of Part 1.

5005-S8 E (23)

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Protected B when completed

Part 4 – QPP contributions on self-employment income and other earnings

when you have employment income (continued)

QPP pensionable earnings:

Enter the amount from line 1 of Part 2.

(maximum $66,600)

Basic exemption:

Enter the amount from line 4 of Part 2.

(maximum $3,500)

–

Line 8 minus line 9 (if negative, enter "0")

(maximum $63,100)

Enter the amount from line 7 of Part 4.

–

Line 10 minus line 11 (if negative, enter "0")

Enter whichever is less: amount from line 3 of Part 4 or line 12 above.

Amount from line 4 of Part 2

Amount from line 2 of Part 2

–

Line 14 minus line 15

(if negative, enter "0" on lines 16 and 20, and continue at line 21)

Amount from line 3 of Part 4

Amount from line 10 above

–

Line 17 minus line 18 (if negative, enter "0")

►

–

Line 16 minus line 19 (if negative, enter "0")

►

–

Earnings subject to contributions: line 13 minus line 20 (if the result is negative, enter "0"
and follow the instructions at the end of Part 2 to claim the deduction and tax credit for the

contributions on your employment income; if the result is positive, continue at line 22)

Amount from line 21

x 12.8% =

Amount from line 14 of Part 2 (if positive)

x 2 =

–

Line 22 minus line 23 (if negative, show in brackets)

If the amount from line 24 is negative, enter it as a positive amount.

Deductions and tax credits for QPP contributions

Tax credit for base QPP contributions through employment income:

Enter the amount from line 7 of Part 2.

Enter the amount from line 9 of Part 2.

–

Line 26 minus line 27 (if negative, enter "0")

Enter whichever is less: amount from line 26 or line 27.

Enter this amount (in dollars and cents) on line 30800 of your return.

Deduction for QPP enhanced contributions on employment income:

Enter the amount from line 8 of Part 2.

Enter the amount from line 10 of Part 2.

–

Line 30 minus line 31 (if negative, enter "0")

Enter whichever is less: amount from line 30 or line 31.

Enter this amount (in dollars and cents) on line 22215 of your return.

5005-S8 E (23)

Page 4 of 5

Protected B when completed

Part 4 – QPP contributions on self-employment income and other earnings

when you have employment income (continued)

If the amount from line 24 of the previous page is:

•

negative, complete Part 4a below

•

positive, complete Part 4b below

•

"0", enter the amount from line 28 of the previous page on line 31000 of your return (in dollars and cents)
and enter the amount from line 32 of the previous page on line 22200 of your return (in dollars and cents)

Part 4a – Amount from line 24 is negative

Amount from line 25 of the previous page

x 50% =

Amount from line 34

x 84.375% =

–

Line 34 minus line 35

Enter the amount from line 28 of the previous page.

Enter the amount from line 35.

–

Tax credit for base QPP contributions on self-employment income and other earnings:
Line 37 minus line 38

Enter this amount (in dollars and cents) on line 31000 of your return.

Enter the amount from line 32 of the previous page.

Enter the amount from line 36.

–

Deduction for QPP contributions on self-employment income and other earnings:
Line 40 minus line 41

Enter this amount (in dollars and cents) on line 22200 of your return.

Part 4b – Amount from line 24 is positive

Enter the amount from line 24 of the previous page.

Amount from line 43

x 84.375% =

–

Line 43 minus line 44

Amount from line 44

x 50% =

Line 45 plus line 46

Enter the amount from line 28 of the previous page.

Enter the amount from line 46.

Tax credit for base QPP contributions on self-employment income and other earnings:
Line 48 plus line 49

Enter this amount (in dollars and cents) on line 31000 of your return.

Enter the amount from line 32 of the previous page.

Enter the amount from line 47.

Deduction for QPP contributions on self-employment income and other earnings:
Line 51 plus line 52

Enter this amount (in dollars and cents) on line 22200 of your return.

See the privacy notice on your return.

5005-S8 E (23)

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