Income Tax Calculator

Explore your federal and Ontario tax, CPP, EI, take-home income, marginal rates, and exactly how the estimate is calculated.

2026 CRA brackets & Ontario rates

Income & deductions

Province or territoryOnly Ontario's full local calculation is currently enabled.

Employment income

Net self-employment incomeProfit after deductible business expenses

RRSP / FHSA deduction

Net realized capital gainsUses 50% taxable inclusion assumption

Eligible Canadian dividends (cash)

Non-eligible Canadian dividends (cash)

Other ordinary taxable income

Income tax already paid / withheld

All amounts are annual CAD. Most results update while typing. Capital gains and dividend cases are simplified and can require special rules.

Your 2026 results

Estimated annual after-tax income——

Average total rate—

Marginal income tax rate—

Refund / due*—

Estimates, not a tax filing or CRA assessment. Details of marital status, age, disability, dependants, multiple employers, CPP credits, self-employment, capital gains, and dividends can change the result.

*Refund/due is a comparison to the manually entered income-tax withholding. It does not include payroll amounts withheld, instalments or all refundable benefits.

Federal & Ontario tax brackets

The calculator shows the amount of your taxable income falling in each bracket and the resulting tax before credits.

Canada federal

Ontario provincial

How we calculate your result

Explanations & frequently asked questions

What is the difference between average and marginal tax rates?

The average rate is total estimated tax and statutory contributions divided by cash income. The marginal rate is an estimate of the income tax on the next dollar of ordinary taxable income and may change near surtax and health-premium boundaries.

Are capital gains taxed on the full amount?

In this model, one-half of net realized gains is included in taxable income. Special exemptions, losses, and rule changes are not modelled.

Can RRSP and FHSA deductions reduce my tax?

Generally, eligible deductible contributions reduce taxable income. Deduction limits and contribution room must be checked against your own CRA records.

Is mortgage interest deductible in Ontario?

Interest on a personal residence is generally not deductible; interest associated with qualifying income-producing borrowing may be deductible, subject to applicable conditions.

Are self-employment and dividend results exact?

No. Business-related CPP, expense eligibility, dividend credits and other special tax rules can materially change a final return. The model identifies simplified assumptions rather than representing these as filing-ready results.

Which sources are used?

CRA 2026 federal and Ontario tax tables, CPP/EI contribution rules, and Ontario's surtax and health-premium calculations. Official links appear below.

Official references

CRA: 2026 tax rates and brackets · CRA: Ontario 2026 payroll formulas · CRA: 2026 CPP/EI rates

Version: Ontario 2026 estimate. Uses annualized income and simplified non-refundable credits. Not a substitute for full tax software.