Taxation made easy!
Find the answers to your questions about the tax slips sent by Épargne Placements Québec. Tax slips are issued starting in mid‑February.
Did you contribute to your RRSP between January 1, 2023, and March 1, 2023? Contribution receipts will be issued gradually starting March 1.
The Relevé 3 (Revenus de placement – Québec) and the T5 slip (Statement of Investment Income – Canada) report all interest charged to your non‑registered investment accounts.
These slips are not issued when the total investment income on the summary is less than $50, but the investment income must still be reported.
Interest paid
Interest paid must be reported for the year in which it was paid.
Compound interest
Compound interest must be reported annually, even if it has not been paid, on the anniversary date. For example, if you have an investment acquired on June 30, 2019 with compound interest, you do not have to report interest accrued to December 31, 2019 in 2019. Instead, you will have to report in 2020 the interest earned between June 30, 2019 and June 30, 2020.
If bonds are transferred with accrued interest to a TFSA, RRSP or another participant, the amount of interest to be reported is the interest accrued from the previous year’s anniversary date to the date of transfer and will therefore be included on the Relevé 3 (Revenus de placement – Québec) and the T5 slip (Statement of Investment Income – Canada).
If you made a withdrawal from your RRSP, RRIF, LIRA or LIF account during the year, you will receive a Relevé 2 (Revenus de retraite et rentes) and a T4RSP (Statement of RRSP Income) or T4RIF (Statement of Income from a Registered Retirement Income Fund) slip showing the amount withdrawn and the tax withheld at source.
RRSP contribution receipts are sent out in early February for contributions made in the previous year.
For RRSP contributions made between January 1, 2023, and March 1, 2023, contribution receipts will be issued gradually starting March 1. You can view them in the “Online transactions” section of our website and avoid postal delays.
Spousal RRSP contribution
Receipts for RRSP contributions made by the spouse are sent to the contributing participant.
Non‑residents of Canada will receive an NR4 (Statement of Amounts Paid or Credited to Non-Residents of Canada) slip showing gross investment income and withdrawals from registered accounts showing the amount withdrawn and the tax withheld at source.
