Enter your income details
Reduces taxable income dollar-for-dollar, up to your deduction limit.
Tax Estimate Receipt
Income
Gross income
RRSP deduction
Taxable income
Tax calculated
Federal tax
Provincial tax
Total tax owed
Withholding
Tax already withheld
Frequently asked questions
How is my 2026 tax refund calculated?
This tool subtracts your RRSP contributions from gross income, applies the 2026 CRA federal and provincial tax brackets plus Basic Personal Amount credits, then compares the result to the tax already withheld from your pay.
Does this include CPP and EI?
No — this estimate covers federal and provincial income tax only. It does not include CPP/EI premiums, non-refundable credits beyond the BPA, or provincial health premiums outside Ontario's surtax.
Is this official CRA data?
Bracket and Basic Personal Amount figures come from CRA T4127, effective July 1, 2026. This is an independent estimate, not a CRA filing tool.