Brackets.tax
Visualize your income tax brackets and see exactly how much you pay at each level
Ontario

Ontario Tax Brackets — 2024

Federal Tax Brackets (2024)

$0
to
$55,867
$55,867
to
$111,733
$111,733
to
$173,205
$173,205
to
$246,752
$246,752
to
∞

Ontario Tax Brackets (2024)

$0
to
$51,446
$51,446
to
$102,894
$102,894
to
$150,000
$150,000
to
$220,000
$220,000
to
∞

Income

50% inclusion rate - only half is taxable

Max: 18% of income or C$31,560, whichever is lower

C$0k

Max: C$8,000 annually
Lifetime limit: C$40,000

C$0k

Calculated Taxes

Enter your annual income or capital gains to see tax calculations

Disclaimer: This calculator provides estimates based on 2024 tax rates and does not include all deductions, credits, or other factors that may affect your actual tax liability. RRSP contribution limits may vary based on your previous year's income and pension adjustments. Consult a tax professional for accurate tax planning.

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