Deductions & Allowances in Canada
Standard deduction (estimated)
For 2026, an estimated standard deduction of $15,705 is used in this calculator's default estimate.
Key deductions and allowances in Canada
- Basic Personal Amount (a federal non-refundable tax credit)
- RRSP contributions — tax-deductible retirement savings
- Provincial tax brackets and credits, calculated and added on top of federal tax
- Child care expense deduction
Other categories worth checking
- Retirement / pension contributions
- Health insurance and medical expenses
- Dependent / family allowances
- Mortgage interest or housing-related relief
- Education expenses
- Charitable donations
- Business expenses (for self-employed filers)
Availability and limits for each category vary significantly by country and change from year to year. Confirm which deductions you're eligible for with Canada Revenue Agency (CRA) or a local advisor.