Calculate Tax Return Ontario 2019

Calculating your Ontario tax return for 2019 requires understanding your income, deductions, and credits. This guide provides a step-by-step approach to accurately determine your tax liability and potential refund.

How to Use This Calculator

This calculator provides an estimate of your Ontario tax return for 2019. For an exact calculation, you should consult a tax professional or use official government tax software.

Note: This calculator uses the 2019 tax rates and brackets. Ontario tax laws may have changed for subsequent years.

Steps to Use the Calculator

Enter your total taxable income for 2019
Select your filing status (Single, Married, or Common-law)
Enter any applicable deductions and credits
Click "Calculate" to see your estimated tax return

What the Calculator Shows

Your estimated tax liability or refund amount
Breakdown of federal and provincial tax amounts
Summary of deductions and credits applied

Basic Tax Calculation

Ontario uses a progressive tax system where different income brackets are taxed at different rates. For 2019, the tax rates were:

Income Bracket	Tax Rate
$0 - $44,701	5.05%
$44,702 - $89,404	9.15%
$89,405 - $150,000	11.16%
$150,001 - $220,000	12.16%
Over $220,000	13.16%

Formula: Ontario tax = Sum of (each income bracket × applicable rate)

Example Calculation

For a single filer with $60,000 in taxable income:

$44,701 × 5.05% = $2,257.56
($60,000 - $44,701) × 9.15% = $1,282.44
Total Ontario tax = $2,257.56 + $1,282.44 = $3,540.00

Deductions and Credits

Deductions reduce your taxable income, while credits directly reduce your tax owed. Common Ontario deductions and credits for 2019 included:

Deduction/Credit	Maximum Amount
Canada Employment Amount	$3,359
Basic Personal Amount	$12,069
Ontario Trillium Benefit	Up to $2,000
Home Buyers' Plan	$8,000
Medical Expenses	Varies by individual

Important: Not all deductions and credits apply to everyone. Consult the Canada Revenue Agency (CRA) or a tax professional for specific eligibility.

Filing Requirements

For 2019, you needed to file a tax return if:

Your net income was $12,069 or more
You had eligible employment income
You received certain benefits or made certain contributions

Filing Deadlines

The 2019 tax return deadline was April 30, 2020, with extensions available until June 15, 2020.

Filing Methods

You could file your Ontario tax return using:

Online through the CRA website
Paper return form (T2099)
Commercial tax software
Professional tax preparation service

Common Mistakes to Avoid

When calculating your Ontario tax return, be aware of these common errors:

Not claiming all eligible deductions and credits
Incorrectly reporting investment income
Missing the tax filing deadline
Not keeping proper records of expenses
Underestimating self-employment tax

Tip: Keep all receipts and documentation for at least six years in case of an audit.

Frequently Asked Questions

How do I know if I need to file a tax return in Ontario?

You generally need to file if your net income was $12,069 or more, had eligible employment income, or received certain benefits.

What is the difference between a deduction and a credit?

A deduction reduces your taxable income, while a credit directly reduces the amount of tax you owe.

Can I file my Ontario tax return online?

Yes, you can file online through the Canada Revenue Agency website or using approved tax software.

What happens if I miss the tax filing deadline?

You may owe interest and penalties. You can request an extension until June 15, 2020, but interest will still accrue.

How long should I keep my tax records?

You should keep all tax-related documents for at least six years in case of an audit.