You can use our simple and quick income tax return calculator online for 2016 tax year for free to estimate your tax amount, marginal tax rate and RRSP saving for Alberta (AB), British Columbia(BC), Manitoba(MB), New Brunswick(NB), Newfoundland and Labrador(NL), Nova Scotia(NS), Ontario(ON), Prince Edward Island(PEI), Quebec(QC) and Saskatchewan(SK) after entering your T4 income as net income. Our basic tax estimator does not take into account any deduction and Canadian Tax Credit you might be eligible for. Simple calculator only considers basic personal amount (both federal and provincial) as income tax credit to calculate your income tax refund. By entering RRSP contribution, you can use our Canadian income tax calculator to find out potential rate of return on your RRSP contribution based on your income. CRA notice of assessment shows your RRSP contribution limit for the tax year. Marginal tax rate is used to calculate RRSP tax credit.
If you would like to find your tax refund with all eligible tax credits and deductions including children and dependent credits, try our full online tax filing version for free . Our Canadian tax software version allows you to submit tax return online to Revenue Canada with integrated NETFILE service and supports all kind of tax returns for Canada at one low price - T4 income, RRSPs, donations, medical expenses, investment income, family deductions and more.
File your tax return online for free if your total income is less than $20,000.