RRSP tax refund estimator
Contributing to your RRSP lowers your taxable income — and lowers your tax bill by more than you'd guess if the contribution spans a bracket. This works out the refund, bracket by bracket, for your province and the 2026 tax year.
RRSP tax refund estimator
Put in your taxable income, pick your province, and enter your RRSP contribution. See the estimated refund, the effective subsidy rate, and the breakdown between federal and provincial savings. No signup; the math runs right here. On the 2026 tax rules.
- Federal refund
- $1,821
- Provincial refund
- $915
- Marginal rate at your income
- 29.6%
Capped to your $10,000 available room.
Contribution capped to your taxable income.
On the 2026 tax year.
That's the refund your contribution earns you. The part a calculator can't show you is what that money does when it comes back — whether it changes April, smooths a tight month, or shifts the whole year.
Estimates only, not financial advice — based on marginal federal and provincial tax rates with the basic personal amount, on the 2026 tax year. Your actual refund depends on your full return, other deductions, and any tax owing from other sources.