Ontario Taxes 2019 Calculator
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Reviewed by Calculator Editorial Team
Calculate your 2019 Ontario tax liability with this free online calculator. The Ontario Taxes 2019 Calculator helps you estimate your taxable income, provincial taxes, and net income after deductions and credits.
How to Use This Calculator
To use the Ontario Taxes 2019 Calculator:
- Enter your total income for 2019 in the "Total Income" field.
- Select your filing status (Single, Married, or Other).
- Enter any applicable deductions in the "Deductions" field.
- Click the "Calculate" button to see your estimated tax liability.
The calculator will display your taxable income, provincial taxes owed, and net income after taxes and deductions.
2019 Ontario Tax Brackets
In 2019, Ontario used a progressive tax system with the following tax brackets for individuals:
| Taxable Income | Tax Rate |
|---|---|
| $0 - $44,703 | 5.05% |
| $44,704 - $89,407 | 9.15% |
| $89,408 - $150,000 | 11.16% |
| $150,001 - $220,000 | 12.16% |
| Over $220,000 | 13.16% |
These rates apply to Ontario residents. Non-residents may have different tax rates.
Deductions and Credits
Ontario offers several deductions and credits that can reduce your taxable income or lower your tax bill:
Common Deductions
- RRSP contributions
- Medical expenses
- Donations to registered charities
- Home office expenses
- Moving expenses
Common Credits
- Ontario Child Benefit
- Ontario Trillium Benefit
- Canada Child Benefit
- Canada Workers Benefit
Be sure to consult the Canada Revenue Agency (CRA) or an accountant for the most current information on deductions and credits.
Example Calculation
Let's calculate the taxes for a single Ontarian with $50,000 in income and $5,000 in deductions:
Calculation Steps
- Taxable Income = Total Income - Deductions = $50,000 - $5,000 = $45,000
- First $44,703 at 5.05% = $2,258.15
- Next $529.70 at 9.15% = $48.24
- Total Provincial Taxes = $2,258.15 + $48.24 = $2,306.39
- Net Income = Taxable Income - Provincial Taxes = $45,000 - $2,306.39 = $42,693.61
This example shows that after taxes and deductions, the individual would have approximately $42,694 in net income.
Frequently Asked Questions
What is the Ontario tax rate for 2019?
The Ontario tax rates for 2019 ranged from 5.05% to 13.16%, depending on your taxable income. The rates were progressive, meaning higher incomes paid higher rates.
Are there any deductions I can claim for my 2019 taxes?
Yes, there are several deductions available for 2019, including RRSP contributions, medical expenses, and donations to registered charities. The amount you can claim depends on your specific situation.
How do I file my Ontario taxes for 2019?
You can file your Ontario taxes for 2019 using the Canada Revenue Agency's online filing system, by mail, or through a tax professional. Make sure to include all necessary documentation to support your deductions and credits.
When is the deadline to file my 2019 Ontario taxes?
The deadline to file your 2019 Ontario taxes was June 30, 2020. If you owe taxes, you should also pay them by this date to avoid penalties and interest.