With installment payments, you pay your income tax year-round like most employees. Most individuals pay their income tax throughout the year through source deductions (i.e., amounts withheld from their income). However, if you have income on which tax is not deducted, you may have to pay your income tax in installments. Your net tax payable is your income tax payable for the year less the amount of Quebec income tax deducted at source (line 451), the transferable portion of income tax withheld for another province (line 454) and your recoverable tax credits for the same year. When calculating net tax payable, do not consider: If you earn income from which no deduction is taken (e.g. If you are self-employed or retired), you may need to make income tax instalments. Instalment payments (also called quarterly payments) are payments you make regularly to cover your income tax for the year and, if applicable: If your net tax payable for 2020 was more than $1,800, we will send you Form TPZ-1026-V in February and August. A-V, instalments made by an individual to inform you of payments you need to make if you expect your net income tax payable for 2022 to also exceed $1,800. You must pay income tax in installments if you meet both of the following conditions: You can use My Account services to view bank statements, view tax information, or view your remittance information to view the following information: Form TPZ-1026. A-V is not available on our website.

If you have not received the form, use the My Account online service for individuals to request a transfer slip for installment payments. Your installment payments are due four times a year: There are three methods for installment payments: If you do not receive Form TPZ-1026. A-V, it is your responsibility to determine whether you need to make installment payments. Use Form TP-1026-V, Calculation of Instalment Payments by Individuals, or contact us to do so.