Income Tax Calculator · 2026

Inputs

$
$
$

Interest, pension, CPP/OAS, etc.

$

Actual gain — 50% inclusion applied

$

Actual cash amount received

$
$
$

Income tax + CPP/QPP/EI withheld — for the refund / balance-owing estimate

Results

Total tax$12,939
Total tax (with CPP/QPP/EI)$18,309
Balance owing$18,309
After-tax income$56,691
Average tax rate17.25%
Marginal tax rate29.65%
Federal tax$8,259
Provincial / territorial tax$4,681
CPP contributions$4,246
EI contributions$1,123

Estimate based on 2026 rates. Modeled credits: basic personal amount, CPP/QPP, EI, QPIP, Canada employment amount. Spousal, dependant, and age amounts are not modeled. The federal basic personal amount phases out between $181,440 and $258,482 of net income (a $1,623 top-up is clawed back), so high-income totals may differ slightly from calculators that skip the phase-out.

Saved calculations

Stored locally on this device only — never sent anywhere.

2026 tax brackets

Canadian income tax

Total tax  =  Federal(taxableIncome) + Provincial(taxableIncome) + CPP/QPP + EI + QPIP
taxableIncome  =  (Earned + OtherIncome + ½·CapitalGains + 1.38·EligibleDiv + 1.15·OtherDiv) − RRSP/FHSA − CPP/QPP deductible
Federal(·)
Federal brackets + BPA + non-refundable credits − dividend tax credit (16.5% abatement for QC residents)
Provincial(·)
Provincial brackets + BPA + provincial dividend tax credit (+ Ontario surtax & health premium where applicable)
CPP/QPP
Canada Pension Plan in most provinces; Quebec Pension Plan in QC
EI
Employment insurance — 1.63% in rest of Canada, 1.30% in Quebec
QPIP
Quebec Parental Insurance Plan (Quebec residents only)
  • Figures are for tax year 2026. The federal bottom rate is 14% — 2026 is the first full year at the reduced rate (2025 was a blended 14.5%).
  • Modeled non-refundable credits: basic personal amount, CPP/QPP, EI, QPIP, Canada employment amount. Spousal, dependant, and age amounts are not modeled.
  • Capital gains apply a 50% inclusion rate. Dividends are grossed up 38% (eligible) / 15% (non-eligible), with federal and provincial dividend tax credits.
  • Estimates only — not financial or tax advice. Rounding differences against the CRA may reach a few dollars.