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A Quebec resident earned $ 4 0 , 0 0 0 in interest income and $ 6 0 , 0 0 0 in eligible dividends.

A Quebec resident earned $40,000 in interest income and $60,000 in eligible dividends. Calculate the total tax paid.
Combinedmarginaltaxratesforindividualsintopprovincialtaxbrackets
Provinces/Territories Interest and Regular Income (%) Capital Gains (%) Eligible Dividends (%) Non-eligible Dividends (%)
British Columbia 45.8022.9028.6837.98
Alberta 39.0019.5019.2929.36
Saskatchewan 44.0022.0024.8134.91
Manitoba 46.4023.2032.2740.77
Ontario 49.5324.7733.8240.13
Quebec 49.9724.9935.2239.79
New Brunswick 46.8423.4227.3536.02
Nova Scotia 50.0025.0036.0639.07
Prince Edward Island 47.3723.6928.7138.74
Newfoundland and Labrador 42.3021.1530.2032.08A Quebec resident earned $40,000 in interest income and $60,000 in eligible dividends. Calculate the total tax paid.
Combinedmarginaltaxratesforindividualsintopprovincialtaxbrackets
Provinces/Territories Interest and Regular Income (%) Capital Gains (%) Eligible Dividends (%) Non-eligible Dividends (%)
British Columbia 45.8022.9028.6837.98
Alberta 39.0019.5019.2929.36
Saskatchewan 44.0022.0024.8134.91
Manitoba 46.4023.2032.2740.77
Ontario 49.5324.7733.8240.13
Quebec 49.9724.9935.2239.79
New Brunswick 46.8423.4227.3536.02
Nova Scotia 50.0025.0036.0639.07
Prince Edward Island 47.3723.6928.7138.74
Newfoundland and Labrador 42.3021.1530.2032.08

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