RRSP contribution tax refund estimator
See how much of your RRSP contribution comes back as a tax refund, based on your province and income bracket.
Your numbers
2026 RRSP annual limit is $33,810. Your actual room depends on your NOA.
Optional — refine your estimate
Shows the tax savings from the RRSP deduction specifically, using 2026 combined federal + provincial rates including Ontario surtax. Your T1 "refund" line will also reflect taxes withheld by your employer and non-refundable credits (medical, charitable donations, etc.) — those do not change the RRSP savings shown here. Use the optional fields to include other income or deductions that affect your marginal rate. Consult a tax professional for precise figures.
Estimated tax refund
$2,965
2026 ON marginal rates
Put that refund back to work
Reinvesting your RRSP refund into more RRSP or TFSA contributions amplifies your tax advantage.
Learn about RRSPs