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.
TFSA room calculator
Based on annual CRA TFSA limits. CRA My Account is the official record.
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 |
|---|---|
| Born 1995, contributed $45,000, no withdrawals | Available room: $44,000 (eligible $89,000 − $45,000 contributed) |
| Born 2000, never contributed | Available room: $57,000 (all limits since turning 18 in 2018) |
| Born 1991, contributed $109,000 lifetime max | Available room: $0 — any further deposit triggers 1% monthly penalty |
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.