Ontario Personal Income Tax Rates 2013 Calculator

This calculator helps you determine your Ontario personal income tax for the 2013 tax year. It uses the official 2013 tax brackets and rates to calculate your provincial tax liability based on your taxable income.

How to Use This Calculator

To calculate your Ontario personal income tax for 2013:

Enter your total taxable income for the year in the "Taxable Income" field.
Click the "Calculate" button to compute your provincial tax.
Review the result, which shows your total Ontario tax liability for the year.

The calculator uses the 2013 Ontario tax brackets and rates to determine your tax liability. It does not include federal tax calculations or other deductions.

Ontario Tax Brackets 2013

The 2013 Ontario tax brackets are as follows:

Taxable Income	Tax Rate
$0 - $40,922	20.05%
$40,922.01 - $81,847	24.19%
$81,847.01 - $94,470	26.47%
$94,470.01 - $220,000	29.65%
Over $220,000	33.50%

These rates apply to Ontario residents for the 2013 tax year. The calculator uses these exact brackets to compute your tax liability.

Calculation Method

The Ontario personal income tax is calculated using progressive tax brackets. The calculator applies the tax rates to your taxable income as follows:

Tax Calculation Formula

For taxable income between $0 and $40,922:

Tax = Taxable Income × 20.05%

For taxable income between $40,922.01 and $81,847:

Tax = ($40,922 × 20.05%) + ((Taxable Income - $40,922) × 24.19%)

For taxable income between $81,847.01 and $94,470:

Tax = ($40,922 × 20.05%) + ($40,925 × 24.19%) + ((Taxable Income - $81,847) × 26.47%)

For taxable income between $94,470.01 and $220,000:

Tax = ($40,922 × 20.05%) + ($40,925 × 24.19%) + ($12,623 × 26.47%) + ((Taxable Income - $94,470) × 29.65%)

For taxable income over $220,000:

Tax = ($40,922 × 20.05%) + ($40,925 × 24.19%) + ($12,623 × 26.47%) + ($125,530 × 29.65%) + ((Taxable Income - $220,000) × 33.50%)

The calculator applies these formulas to compute your exact tax liability based on your taxable income.

Worked Example

Let's calculate the Ontario personal income tax for someone with a taxable income of $60,000 in 2013.

The first $40,922 is taxed at 20.05%: $40,922 × 0.2005 = $8,185.45
The next $19,078 ($60,000 - $40,922) is taxed at 24.19%: $19,078 × 0.2419 ≈ $4,651.50
Total tax: $8,185.45 + $4,651.50 = $12,836.95

Using the calculator with $60,000 as the taxable income would show $12,836.95 as the result.

Frequently Asked Questions

What is the Ontario personal income tax rate for 2013?

The Ontario personal income tax rate for 2013 is progressive, ranging from 20.05% for the first $40,922 to 33.50% for income over $220,000. The calculator uses these exact rates to compute your tax liability.

Does this calculator include federal tax?

No, this calculator only computes Ontario provincial tax. For federal tax calculations, you would need to use a separate federal tax calculator.

How do I find my taxable income?

Your taxable income is typically calculated by subtracting deductions and tax credits from your total income. The exact method depends on your specific situation and may require consulting a tax professional.

Are there any deductions or credits not included in this calculator?

Yes, this calculator does not include federal deductions, credits, or other tax-saving measures. It provides only the provincial tax liability based on your taxable income.