2014 Ontario Tax Return Calculator

Use this 2014 Ontario Tax Return Calculator to estimate your provincial tax liability for the 2014 tax year. The calculator follows the tax rates and brackets in effect during that year, providing an estimate of your Ontario provincial taxes based on your income and deductions.

How to Use This Calculator

To calculate your 2014 Ontario tax return:

Enter your total taxable income for 2014 in the "Taxable Income" field.
Select your filing status (Single, Married, or Other).
Click "Calculate" to see your estimated Ontario provincial taxes.

The calculator uses the 2014 Ontario tax rates and brackets. For a more accurate return, consult a tax professional or use official government tax forms.

Formula Used

The Ontario provincial tax is calculated using progressive tax brackets. The formula is:

Ontario Tax = Sum of (Taxable Income × Tax Rate for each bracket)

The 2014 Ontario tax brackets were:

Taxable Income	Tax Rate
$0 - $39,994	5.05%
$39,995 - $79,988	9.15%
$79,989 - $150,000	11.16%
$150,001 - $220,000	12.16%
Over $220,000	13.16%

Worked Example

Let's calculate the Ontario provincial tax for a single filer with $50,000 taxable income in 2014.

First $39,994 × 5.05% = $1,999.73
Next $10,006 ($50,000 - $39,994) × 9.15% = $915.51
Total Ontario Tax = $1,999.73 + $915.51 = $2,915.24

This is an estimate. Actual tax may vary based on deductions, credits, and other factors.

Frequently Asked Questions

Is this calculator accurate for my 2014 tax return?

This calculator provides an estimate based on 2014 Ontario tax rates. For an exact return, use official government tax forms and consult a tax professional.

What if I have deductions or credits?

This calculator does not account for deductions or credits. For a more accurate estimate, include these in your taxable income or consult a tax professional.

Are the tax brackets the same for all filing statuses?

Yes, the 2014 Ontario tax brackets are the same for all filing statuses. The calculator applies the same rates regardless of whether you're single, married, or other.