Income Tax Calculator, Ontario, Canada

Find how much your salary is after tax

Deductions
Salary
$120,000
Federal tax deduction
- $20,806
Provincial tax deduction
- $11,830
CPP deductions
- $2,749
EI deductions
- $860
Total tax
- $36,245
Net pay
* $83,755
Marginal tax rate
43.41%
Average tax rate
30.20%
69.8%
Net pay
30.2%
Total tax
Total tax
Net pay

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Tax per region

Tax per income

NOTE* Deductions are calculated based on the Ontario tables of Canada, 2020 income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.