General information only — not financial advice for your situation.
This is a learning tool. Always check CRA My Account records and talk to a qualified professional for your own numbers.
RRSP refund estimator
Based on marginal rate. Does not account for tax credits, deductions, payroll timing, or benefit clawbacks.
Plain English
This calculator shows an estimate from the assumptions shown in the box above.
Show the math
The calculator uses the shared data files where tax constants are needed, and user-entered rates where the missing rule depends on your situation.
Worked examples
| Input | Output |
|---|---|
| Ontario, $90K income, $5,000 contribution | Refund: ~$1,574 (31.48% combined rate) |
| Ontario, $35K income, $2,000 contribution | Refund: ~$381 (19.05% rate — low bracket) |
| Ontario, $230K income, $20,000 contribution | Refund: ~$9,906 (49.53% combined rate) |
What this does not account for
Credits, deductions, residency gaps, and account history that are not entered here.
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About this site
Every number on this site is sourced from CRA publications, the Income Tax Act, or provincial fiscal releases. We show the math, cite the sources, and never tell you what to do with your money.