2019 Tax Calculator Ontario
Calculate your 2019 Ontario income tax with this free tax calculator. Enter your taxable income and see your estimated tax liability, including provincial and federal taxes. This calculator uses the 2019 tax rates and brackets for Ontario residents.
How to Use This Calculator
Using this 2019 Ontario tax calculator is simple:
- Enter your total taxable income for 2019 in the "Taxable Income" field.
- Select your filing status (Single, Married, or Other).
- Click "Calculate" to see your estimated tax liability.
- Review the breakdown of provincial and federal taxes.
- Use the chart to visualize your tax burden.
The calculator will show you the total tax you would owe based on the 2019 Ontario tax rates. Remember that this is an estimate and your actual tax bill may differ based on deductions, credits, and other factors.
2019 Ontario Tax Brackets
The 2019 Ontario tax rates and brackets are as follows:
| Taxable Income | Ontario Tax Rate | Federal Tax Rate |
|---|---|---|
| $0 - $44,701 | 5.05% | 15% |
| $44,702 - $89,404 | 9.15% | 20.5% |
| $89,405 - $150,000 | 11.16% | 26% |
| $150,001 - $220,000 | 12.16% | 29% |
| $220,001+ | 13.16% | 33% |
Note that these rates apply to the portion of income that falls within each bracket. The calculator applies these rates progressively to your total taxable income.
How the Calculation Works
The calculator uses the following formula to determine your tax liability:
Total Tax = Ontario Tax + Federal Tax
Where:
- Ontario Tax is calculated based on the Ontario tax brackets
- Federal Tax is calculated based on the federal tax brackets
The calculator applies the tax rates progressively to your taxable income. For example, if your income is $50,000:
- $44,701 is taxed at 5.05% (Ontario) and 15% (Federal)
- The remaining $5,299 is taxed at 9.15% (Ontario) and 20.5% (Federal)
The calculator also accounts for the Ontario Health Premium, which is an additional 1.5% of your taxable income for the first $220,000.
Worked Example
Let's calculate the tax for a single filer with $50,000 in taxable income:
| Income Range | Ontario Rate | Federal Rate | Taxable Amount | Ontario Tax | Federal Tax |
|---|---|---|---|---|---|
| $0 - $44,701 | 5.05% | 15% | $44,701 | $2,262.75 | $6,705.15 |
| $44,702 - $50,000 | 9.15% | 20.5% | $5,299 | $486.25 | $1,093.95 |
| Total: | $2,749.00 | $7,899.10 | |||
| Ontario Health Premium (1.5%): | $750.00 | ||||
| Total Tax: | $11,349.10 | ||||
For this example, the total tax liability would be $11,349.10, which includes both provincial and federal taxes plus the Ontario Health Premium.