Quebec tax checklist 2025 for individuals and rental property owners

Avoid last-minute stress by gathering the slips and proofs Revenu Quebec and the CRA expect for 2024 income filed in 2025. This checklist is tailored to employees, self-employed Quebecers, and landlords of duplex/triplex/plex properties.

Core identification and prior year items

• SIN for you/spouse/dependents
• Address and banking info for direct deposit
• Prior year Notice of Assessment (RQ and CRA)
• Netfile access codes if applicable

Employment income (T4/RL-1)

• T4 and RL-1 slips
• T4A (commissions, other income)
• Union/professional dues receipts
• T2200/RL-1 home office support if required by employer

Self-employed and business income (T2125/TP-80)

• Revenue summary and client invoices
• Business bank/credit statements
• Expenses: advertising, supplies, telecom, software, insurance, rent, vehicle (logbook), home office
• Asset purchases for CCA (date, cost, description)
• GST/QST filings and summaries if registered

Rental income (T776/TP-128-V)

• Rent roll by unit and dates collected
• Lease copies, rent increase notices
• Expenses: property and school taxes, insurance, utilities, repairs, maintenance, advertising, management fees, interest, professional fees
• Capital improvements (roof, windows, major kitchen/bath) for CCA
• For mixed-use: allocation method and square footage

Investment and savings

• T5/T3/T5008 slips
• RRSP/TFSA contribution receipts
• Capital gains statements, crypto/FX summaries
• Interest statements from mortgages or loans

Deductions and credits

• Charitable donation receipts
• Medical expenses (prescriptions, dental, vision)
• Childcare receipts with BN/SIN
• Tuition slips (T2202/RL-8)
• Moving expenses (if 40+ km closer to work/school)
• Support payments (agreements and proofs)

Special landlord considerations

• Before/after photos and invoices for large renos
• Loan statements showing interest by year
• Condo/HOA fee breakdown if applicable
• Proof of exempt residential rent (no GST/QST on long-term leases)

Filing tips for Montreal landlords

• Reconcile rent roll to bank deposits monthly.
• Separate repairs vs capital improvements to avoid disallowed deductions.
• Track vehicle mileage for trips to your building (date, purpose, km).
• Store receipts digitally; keep backups.

FAQ

Do I need GST/QST for long-term residential rent?

No. Long-term residential rent is exempt; do not charge GST/QST on typical leases.

What slips cover rental income?

Use T776 and TP-128-V schedules; no standard T-slip is issued for rent.

Can I claim mortgage principal?

No, only interest is deductible, not principal.

How do I track a major renovation?

Treat it as a capital asset for CCA; keep invoices and photos to separate from repairs.

What if I am missing a slip?

Request it from the issuer or retrieve it from RQ/CRA online accounts before filing.

CTA

If you are an employee, contractor, or landlord in Greater Montreal and want a clean tax filing with organized rental schedules, contact TaxCove for a personalized consultation. We combine tax prep and property management for plex owners who value accuracy and compliance.

Important notice

This article provides general information only and does not constitute personalized tax advice. Rules can change and include exceptions; validate your situation with a professional or the tax authorities.