Ontario Income Tax Calculator

Income & Deductions

Income Sources

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Deductions & Credits

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Tax Results

Enter your income details and click "Calculate Tax" to see your 2024 tax results.

Tax Summary

Total Income:
$0.00
Taxable Income:
$0.00
Federal Tax:
$0.00
Ontario Tax:
$0.00
CPP Premium:
$0.00
EI Premium:
$0.00
Total Tax + Premiums:
$0.00
After-Tax Income:
$0.00
Average Tax Rate:
0.00%
Marginal Tax Rate:
0.00%
Tax Refund/Amount Owing:
$0.00

2024 Tax Rate Information

Federal Tax Brackets (2024)

  • 15% $0 to $55,867
    First portion of taxable income
  • 20.5% $55,867.01 to $111,733
    Next $55,866 of income
  • 26% $111,733.01 to $173,205
    Next $61,472 of income
  • 29% $173,205.01 to $246,752
    Next $73,547 of income
  • 33% Over $246,752
    All income exceeding $246,752

Each rate applies only to income in that bracket, not your full income.

Federal Basic Personal Amount: $15,705

Ontario Tax Brackets (2024)

  • 5.05% $0 to $51,446
    First portion of taxable income
  • 9.15% $51,446.01 to $102,894
    Next $51,448 of income
  • 11.16% $102,894.01 to $150,000
    Next $47,106 of income
  • 12.16% $150,000.01 to $220,000
    Next $70,000 of income
  • 13.16% Over $220,000
    All income exceeding $220,000

Ontario Basic Personal Amount: $12,399

CPP & EI Premiums (2024)

  • CPP: 5.95% (employee), 11.9% (self-employed)
  • Basic exemption: $3,500
  • Maximum pensionable earnings: $68,500
  • EI: 1.66% of insurable earnings
  • Maximum insurable earnings: $63,200

Self-employed individuals are generally not subject to EI premiums

Federal Tax Brackets (2025)

  • 15% $0 to $57,375
    First portion of taxable income
  • 20.5% $57,375.01 to $114,750
    Next $57,375 of income
  • 26% $114,750.01 to $177,882
    Next $63,132 of income
  • 29% $177,882.01 to $253,414
    Next $75,532 of income
  • 33% Over $253,414
    All income exceeding $253,414

Each rate applies only to income in that bracket, not your full income.

Federal Basic Personal Amount: $16,129 (estimated)

Ontario Tax Brackets (2025)

  • 5.05% $0 to $52,888
    First portion of taxable income
  • 9.15% $52,888.01 to $105,783
    Next $52,895 of income
  • 11.16% $105,783.01 to $150,000
    Next $44,217 of income
  • 12.16% $150,000.01 to $220,000
    Next $70,000 of income
  • 13.16% Over $220,000
    All income exceeding $220,000

Ontario Basic Personal Amount: $12,746 (estimated)

CPP & EI Premiums (2025)

  • CPP: 5.95% (employee), 11.9% (self-employed)
  • Basic exemption: $3,500
  • Maximum pensionable earnings: $71,300
  • EI: 1.66% of insurable earnings
  • Maximum insurable earnings: $63,200

Self-employed individuals are generally not subject to EI premiums