Capital Gains Tax Calculator
Estimate the tax on a gain in a non-registered account.
Why this is worth checking
Only part of a capital gain is taxable in Canada, and that taxable part is added to your income and taxed at your marginal rate. Gains inside a TFSA, RRSP or FHSA are not taxed at all, which is why the account a holding sits in matters as much as the holding.
A capital loss can be applied against gains in the same year, carried back three years, or carried forward indefinitely.
How this calculator works
Enter the proceeds, the adjusted cost base and your province. The calculator applies the inclusion rate and your combined marginal rate to the taxable portion.
The accuracy of the answer depends entirely on the adjusted cost base you feed it. If you bought in several purchases, reinvested dividends, or hold in US dollars, work that out first with the adjusted cost base tracker.
Related
This calculator is for general information, not tax or financial advice. Rates and limits change. Verify anything that matters against the CRA or a qualified professional before acting on it.