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Income Tax Calculator 2019 Ontario

Reviewed by Calculator Editorial Team

Calculate your 2019 Ontario income tax with this free online calculator. This tool accounts for both federal and provincial tax rates, deductions, and tax credits to provide an accurate estimate of your tax liability.

How to Use This Calculator

Using this income tax calculator is simple:

  1. Enter your total taxable income for 2019
  2. Select your filing status (Single, Married, or Other)
  3. Click "Calculate" to see your estimated tax liability
  4. Review the breakdown of your tax calculation

The calculator will show you the total tax you owe, including both federal and provincial taxes, as well as any applicable tax credits.

2019 Ontario Tax Rates

In 2019, Ontario had the following progressive tax rates:

Federal Tax Rates (2019):

  • 15% on the first $47,630 of taxable income
  • 20.5% on the next $47,629
  • 26% on the next $53,208
  • 29% on the next $64,735
  • 33% on amounts over $168,597

Ontario Provincial Tax Rates (2019):

  • 5.05% on the first $44,753
  • 9.15% on the next $44,753
  • 11.16% on the next $55,249
  • 12.16% on the next $66,299
  • 13.16% on amounts over $166,351

These rates apply to residents of Ontario. Non-residents would pay only federal taxes.

How Ontario Income Tax Works

The Ontario income tax system is progressive, meaning higher income brackets pay higher tax rates. The calculation process involves:

  1. Determining your taxable income after deductions
  2. Applying federal tax rates to your taxable income
  3. Applying Ontario provincial tax rates to your taxable income
  4. Subtracting any applicable tax credits
  5. Calculating the total tax owed
Total Tax = (Federal Tax + Ontario Tax) - Tax Credits

Common deductions in Ontario include:

  • RRSP contributions
  • Medical expenses
  • Donations to registered charities
  • Home office expenses

Example Calculation

Let's calculate the tax for a single filer with $60,000 taxable income in 2019:

  1. Federal tax: $10,200.50
  2. Ontario tax: $3,450.00
  3. Total tax before credits: $13,650.50
  4. Assuming $1,000 in tax credits, final tax owed: $12,650.50

This example shows how the progressive tax system works - higher income brackets pay higher rates on their incremental income.

Frequently Asked Questions

What is the difference between taxable income and gross income?

Taxable income is your gross income minus eligible deductions and credits. It's the amount of income that's subject to taxation.

Are there any tax credits available in Ontario?

Yes, Ontario offers various tax credits including the Basic Personal Amount, Canada Child Benefit, and Ontario Trillium Benefit.

How do I file my Ontario taxes?

You can file your Ontario taxes electronically through the Canada Revenue Agency (CRA) website or using approved tax software.

What happens if I don't file my taxes on time?

If you don't file your taxes on time, you may owe penalties and interest on the unpaid taxes. It's important to file and pay by the deadline.