Canadian Tax Return Calculator 2026
Use this Canadian tax return estimator to see whether you can expect a refund or amount owing at tax time — about 60% of filers receive a refund averaging $2,092 (CRA). Enter your employment income, tax deducted (T4 Box 22), RRSP contributions, and any other income or deductions to get your estimated result.
Tax Return Estimator
Prefilled from estimated payroll withholdings. Change if your T4 Box 22 differs.
Leave empty to use estimated: $19,763.29
Contributing an extra $1,000 to RRSP could increase your refund by $296.50.
Estimated Annual Tax Return
$5,081.55 owing
Tax deducted: $19,763.29
EFFECTIVE RATE
24.8%
CREDITS APPLIED
$0.00
TOTAL TAX
$24,844.84
Your Tax Bracket
29.7%
How Canadian Tax Return Calculator 2026 Works
- Enter tax deducted (T4 Box 22): Find this on your T4 slip from your employer.
- Add RRSP contributions: Include any RRSP contributions made during the year.
- Include other income and deductions: Expand accordions for capital gains, rental income, deductions, credits.
- See your estimated refund or owing: Review effective rate, total tax, and credits applied.
This estimator uses 2026 federal and provincial tax brackets from the Government of Canada. It accounts for RRSP deductions, non-refundable credits (tuition, medical, charitable, home buyers), and 2026 capital gains inclusion rate changes (50% up to $250K, 66.67% above).
Frequently Asked Questions
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