Income Tax Pension Calculator (Canada)
Include all taxable income sources (pensions, RRSP/RRIF, employment, investments, etc.).
Amount from private pensions, annuities, RRIF/LIF, etc. (not CPP/OAS).
Enter 0 if this calculator is for your total income.
Allows you to split eligible pension income with a spouse/common-law partner.
Required for accurate pension splitting calculation.
This is a simplified rate. Actual rates vary by province and income level.
Estimated Total Income Tax
$18,750
Estimated Net Income After Tax
$56,250
Gross Income
$75,000
Taxable Income
$75,000
Disclaimer: This calculator provides a simplified estimate of income tax in Canada for pension-related income. It uses a user-defined effective tax rate and a basic pension splitting rule. **It does not account for all tax credits, deductions, provincial tax variations, or complex tax scenarios.** For accurate tax planning and filing, please consult a qualified tax professional or the Canada Revenue Agency (CRA) website.