Deductions from a student's pay: Why are they deducting taxes?

You see tax deductions on your pay and you are a student?

That's normal. Here's why.

Withholding taxes

The employer applies deductions according to the forms completed at the time of hiring.

If personal credits are not correctly reported, deductions may be higher than necessary.

Am I losing this money?

No.

If your total income is below the thresholds, these amounts can be refunded after filing the return.

Conclusion

Withholdings do not mean that you will actually pay tax.

The declaration allows the situation to be adjusted.

For an overview, consult our complete guide on student tax in Quebec .