2026 Archives - CalculatorsCanada.ca

August 21, 2026

Canadian Income-Tax Calculators Updated for the 2026 Tax Year

Updated August 21, 2026.

CalculatorsCanada.ca has updated its Canadian income-tax calculators and 2026 federal, provincial, and territorial tax-rate reference pages. The calculators are intended to help estimate income tax, payroll deductions, and take-home pay using the selected province or territory and tax year.

What was updated

Federal and provincial or territorial tax brackets for the 2026 tax year.
Basic personal amounts and other maintained credit values used by the calculators.
Ontario’s health-premium treatment in the Ontario calculator.
Explanations and links on the main Canadian income-tax calculator page.

How to use the calculators

Select the province or territory, choose the tax year where available, and enter your employment or other income. Review the assumptions and result breakdown, including federal tax, provincial or territorial tax, credits, and estimated take-home pay.

The results are estimates. Actual tax can differ because of deductions, benefits, payroll settings, pension contributions, employment circumstances, credits, and other information in your return.

2026 calculator pages

Start with the main Canadian income-tax calculator or choose a specific 2026 tax-rate page for federal, provincial, and territorial details.

January 15, 2025August 25, 2026

TFSA Contribution Limit for 2026: $7,000

Updated February 20, 2026.

The annual TFSA dollar limit is $7,000 for 2026. The same $7,000 limit applies for 2025. Your actual available contribution room may be higher because it can include unused room from previous years and withdrawals made in a previous year.

How TFSA contribution room works

Your available room is generally based on the annual dollar limit, unused contribution room carried forward, and eligible withdrawals from previous years, less contributions already made. Investment growth inside the TFSA does not use contribution room, but contributions reduce available room immediately.

Avoid over-contributing

Check your personal records and your CRA account before contributing, especially if you have more than one TFSA or recently made a withdrawal. The annual TFSA dollar limit is added on January 1, but CRA may not show all of your previous-year transactions immediately. Financial institutions generally send prior-year TFSA transaction information by the end of February, and CRA says updated records are normally available starting in April. For this reason, April or later is a useful time to review your CRA account for the previous year—but always compare it with your own records and financial institution statements. Do not rely only on one account statement. An over-contribution can be subject to tax. See CRA’s contribution-room guidance for details.

TFSA limits

Year	Annual TFSA dollar limit	Cumulative contribution room*
2009	$5,000	$5,000
2010	$5,000	$10,000
2011	$5,000	$15,000
2012	$5,000	$20,000
2013	$5,500	$25,500
2014	$5,500	$31,000
2015	$10,000	$41,000
2016	$5,500	$46,500
2017	$5,500	$52,000
2018	$5,500	$57,500
2019	$6,000	$63,500
2020	$6,000	$69,500
2021	$6,000	$75,500
2022	$6,000	$81,500
2023	$6,500	$88,000
2024	$7,000	$95,000
2025	$7,000	$102,000
2026	$7,000	$109,000

*Cumulative contribution room is a reference maximum for someone eligible for a TFSA throughout 2009–2026 who made no contributions or withdrawals. Your actual room depends on your age and eligibility, unused room, contributions, and withdrawals. Check your CRA My Account and personal records before contributing.

For the official calculation method and your personal room, see the CRA TFSA contribution-room guidance. You can also use the Canadian savings calculator to compare potential growth, but TFSA contribution-room limits are separate from investment returns.

February 24, 2023August 25, 2026

2025 Canadian Tax Slips Checklist for the 2026 Tax Season

Updated January 27, 2026 for the 2025 tax year.

Before filing a 2025 Canadian income-tax return, gather the slips and receipts that apply to your income, investments, benefits, education, employment, and deductions. Most tax slips are issued by employers and financial institutions by the end of February, and many can also appear in CRA My Account after the issuer sends them to the CRA.

Common income slips

T4: employment income, deductions, and pensionable or insurable earnings.
T4A: pension, retirement, annuity, scholarship, RESP, and other income.
T4E: employment-insurance benefits.
T4RSP and T4RIF: RRSP and RRIF income or withdrawals.
OAS and CPP/QPP slips: government pension and benefits information.
NR4: certain Canadian-source income paid to non-residents.

Investment and other slips

T5: interest, dividends, and other investment income.
T3: trust income, including some mutual-fund or investment-fund distributions.
T5007: workers’ compensation and social-assistance benefits where applicable.
T5008: securities transactions; keep your own adjusted-cost-base records.
T2202: eligible tuition and education amounts.
RRSP receipts: contributions made during 2025 and during the first 60 days of 2026, where applicable.

If a slip is missing

Contact the issuer first. If you have a CRA account, check whether the slip is available there after it has been submitted. Keep your own records and do not delay filing without checking the CRA instructions for your situation.

For the 2025 return, most individuals must file and pay any balance by April 30, 2026. Self-employed individuals generally have until June 15, 2026 to file, but any balance owing is generally due April 30.

See the CRA’s 2026 tax-filing-season guidance and tax-slips information for official details.