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Ontario Income Tax Brackets 2020 Calculator

Reviewed by Calculator Editorial Team

Calculate your Ontario income tax for 2020 using this free online calculator. Understand how federal and provincial tax brackets apply to your income, including the Ontario basic personal amount and tax credits.

How Ontario Income Tax Brackets Work

Ontario's income tax system uses progressive tax brackets, meaning higher income earners pay a higher percentage of their income in taxes. The province's tax system combines federal and provincial taxes, with Ontario having its own tax brackets that apply after the federal tax has been deducted.

Key Components of Ontario Income Tax

  • Federal Tax: Calculated first using Canada's federal tax brackets
  • Ontario Tax: Applied to the remaining income after federal tax
  • Basic Personal Amount (BPA): A tax-free amount that varies by family status
  • Tax Credits: Reductions to your tax liability

Formula: Ontario Tax = (Taxable Income - BPA) × Ontario Tax Rate

The Ontario tax rate is applied to the amount of your income that exceeds the Basic Personal Amount. The Basic Personal Amount for 2020 was $11,474 for single individuals and $22,944 for couples.

2020 Ontario Income Tax Brackets

The 2020 Ontario tax brackets are as follows:

Taxable Income Ontario Tax Rate
$0 - $44,753 5.05%
$44,753.01 - $89,507 9.15%
$89,507.01 - $150,000 11.16%
$150,000.01 - $220,000 12.16%
Over $220,000 13.16%

Note: These are the Ontario tax rates only. The federal tax rates are applied first, and the Ontario rates apply to the remaining income after federal tax.

How to Use This Calculator

  1. Enter your total income for 2020 in the calculator
  2. Select your filing status (single or married)
  3. Click "Calculate" to see your Ontario tax liability
  4. Review the breakdown of your tax calculation

The calculator will show you how much federal tax you owe, how much Ontario tax you owe, and your total tax liability. It also provides a visual breakdown of your tax payment.

Worked Examples

Example 1: Single Individual with $50,000 Income

For a single individual with $50,000 income:

  1. Federal tax: $6,475
  2. Taxable income after federal tax: $43,525
  3. Ontario tax: $2,100 (5.05% on $43,525)
  4. Total tax: $8,575

Example 2: Married Couple with $100,000 Income

For a married couple with $100,000 income:

  1. Federal tax: $15,700
  2. Taxable income after federal tax: $84,300
  3. Ontario tax: $7,300 (9.15% on $84,300)
  4. Total tax: $23,000

Frequently Asked Questions

What is the Basic Personal Amount for Ontario tax in 2020?
The Basic Personal Amount for 2020 was $11,474 for single individuals and $22,944 for couples.
How are Ontario tax brackets different from federal tax brackets?
Federal tax is calculated first, then Ontario tax is applied to the remaining income after federal tax. Ontario has its own tax brackets that apply to the taxable income after federal tax.
What is the highest Ontario tax rate in 2020?
The highest Ontario tax rate in 2020 was 13.16% for income over $220,000.
Are there any tax credits available in Ontario?
Yes, Ontario offers various tax credits such as the Ontario Child Benefit and the Ontario Trillium Benefit, which can reduce your tax liability.