RRSP Calculator 2026: Tax Refund by Province
See the tax refund from an RRSP contribution in 2026 in your province, your deduction limit of 18% up to $33,810 and the refund for each amount you put in.
| Contribution | Refund | Rate |
|---|
Federal and provincial tax for 2026 from the CRA payroll formulas (T4127), for employment income; Quebec is an estimate. The RRSP limit is 18% of last year's earned income up to $33,810, plus unused room from earlier years shown on your notice of assessment.
What it does
Contributions to a registered retirement savings plan are deducted from your taxable income, so you get back the tax at your marginal rate, usually as a refund after you file. The money grows tax-free and is taxed when you withdraw it in retirement, often at a lower rate.
How to use it
- Choose your province and type your income for the year.
- Type the RRSP contribution, and your deduction limit if you know it.
- See the refund, the real cost and the table of refunds for other amounts.
The arithmetic runs in your browser. Nothing you type is sent anywhere and nothing is stored, so you can use these with real numbers.
Frequently asked questions
How much tax will I get back from my RRSP?
Your marginal rate on the amount. In Ontario with $80,000 of income, a $10,000 contribution saves $3,115.06: 29.65% plus $150 less of Ontario Health Premium, so it really costs $6,884.94.
What is the RRSP limit for 2026?
18% of your 2025 earned income, up to $33,810, plus unused room. With $80,000 of income the new room is $14,400; it takes $187,833 of income to reach the maximum.
What is the RRSP deadline for 2026?
Contributions made in the first 60 days of 2027 can be deducted on the 2026 return, up to March 1, 2027. Going more than $2,000 over your limit costs 1% a month.
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