Taxes Calculator Ontario 2019

Use this taxes calculator to estimate your Ontario income tax for 2019. Simply enter your taxable income and select your filing status to calculate your estimated tax liability. The calculator uses the 2019 Ontario tax brackets and rates.

How to Use This Calculator

To calculate your Ontario income tax for 2019:

Enter your total taxable income for 2019 in the "Taxable Income" field.
Select your filing status from the dropdown menu (Single, Married, or Other).
Click the "Calculate" button to see your estimated tax liability.
Review the breakdown of your tax calculation and any applicable deductions.

The calculator provides an estimate based on the 2019 Ontario tax rates and brackets. For exact tax calculations, consult a tax professional or use official government tax forms.

Ontario Tax Brackets 2019

The 2019 Ontario tax brackets and rates 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%

These rates apply to both federal and provincial taxes in Ontario. The calculator combines both federal and provincial tax calculations for a comprehensive estimate.

How Ontario Income Tax Works

Ontario income tax is calculated using a progressive tax system, meaning higher income levels are taxed at higher rates. The tax calculation involves:

Determining your taxable income after deductions and credits.
Applying the Ontario tax brackets to calculate provincial tax.
Applying the federal tax brackets to calculate federal tax.
Combining provincial and federal taxes to get your total tax liability.

Tax Calculation Formula

Total Tax = Provincial Tax + Federal Tax

Provincial Tax = Sum of (Taxable Income × Rate for each bracket)

Federal Tax = Sum of (Taxable Income × Rate for each bracket)

For example, if your taxable income is $50,000 and you are filing as Single, the calculator will apply the Ontario and federal tax brackets to determine your total tax liability.

Worked Example

Let's calculate the estimated tax for a Single filer with a taxable income of $50,000 in 2019.

First, apply the Ontario tax brackets:
- $44,701 × 5.05% = $2,261.30
- ($50,000 - $44,701) × 9.15% = $528.90
- Total Ontario Tax = $2,261.30 + $528.90 = $2,790.20
Next, apply the federal tax brackets:
- $47,630 × 15% = $7,144.50
- ($50,000 - $47,630) × 20.5% = $470.00
- Total Federal Tax = $7,144.50 + $470.00 = $7,614.50
Total Estimated Tax = $2,790.20 + $7,614.50 = $10,404.70

This example shows that a Single filer with $50,000 in taxable income would estimate to owe approximately $10,404.70 in combined Ontario and federal taxes for 2019.

Frequently Asked Questions

How accurate is this Ontario taxes calculator?

This calculator provides an estimate based on the 2019 Ontario tax brackets and rates. For exact tax calculations, consult a tax professional or use official government tax forms.

What is the difference between taxable income and gross income?

Taxable income is your gross income minus eligible deductions and credits. Gross income includes all income received during the year, such as wages, salaries, and investments.

Are there any deductions or credits I can claim?

Yes, there are various deductions and credits available in Ontario, such as the Basic Personal Amount, Canada Pension Plan contributions, and RRSP contributions. These can reduce your taxable income and lower your tax liability.

How do I file my Ontario taxes?

You can file your Ontario taxes online using the Ontario government's MyServiceOntario portal, by mail using Form T1 General, or by using a tax professional or accountant.