Ontario Income Tax Calculator 2019
Use this Ontario Income Tax Calculator to estimate your 2019 tax liability. The calculator applies Ontario's progressive tax rates, deductions, and credits to your income. For exact tax amounts, consult a tax professional or use official government tools.
How to Use This Calculator
Enter your total taxable income for 2019 in the calculator below. The calculator will compute your estimated Ontario income tax based on the 2019 tax brackets. You can also enter any applicable deductions or tax credits.
This calculator provides an estimate only. For precise tax calculations, consult a tax professional or use the official Ontario government tax calculator.
Formula Used
The Ontario income tax is calculated using progressive tax brackets. The formula is:
Ontario Income Tax = Sum of (Taxable Income × Tax Rate) for each bracket
Where Taxable Income is calculated as:
Taxable Income = Total Income - Deductions + Tax Credits
The tax brackets for 2019 are shown in the next section. The calculator applies each bracket's rate to the portion of income that falls within that bracket.
2019 Ontario Tax Brackets
The 2019 Ontario tax brackets are as follows:
| Taxable Income | 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% |
Note: These rates are for Ontario residents. Non-residents have different tax rates.
Worked Example
Let's calculate the Ontario income tax for someone with $95,000 in taxable income.
- First $44,701 at 5.05%: $44,701 × 0.0505 = $2,266.76
- Next $44,703 ($89,404 - $44,701) at 9.15%: $44,703 × 0.0915 = $4,080.86
- Remaining $5,596 ($95,000 - $89,404) at 11.16%: $5,596 × 0.1116 = $623.38
Total Ontario income tax: $2,266.76 + $4,080.86 + $623.38 = $6,971.00
Frequently Asked Questions
How is Ontario income tax calculated?
Ontario income tax is calculated using progressive tax brackets. The tax rate increases as your income increases. The calculator applies each bracket's rate to the portion of income that falls within that bracket.
What are the 2019 Ontario tax brackets?
The 2019 Ontario tax brackets are:
- $0 - $44,701 at 5.05%
- $44,702 - $89,404 at 9.15%
- $89,405 - $150,000 at 11.16%
- $150,001 - $220,000 at 12.16%
- Over $220,000 at 13.16%
What deductions and credits should I include?
Common deductions include RRSP contributions, medical expenses, and union dues. Common credits include the basic personal amount, Canada employment amount, and Ontario child benefit. Enter these amounts in the calculator to get a more accurate estimate.