TFSA Contribution Room Calculator

Estimate how much you can put in your TFSA in 2026 from the year you turned 18 or moved to Canada, your contributions and your withdrawals.

Reviewed by Dany, RightSums team · Updated

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personal-finance · Daily life · Canada

Enter the year you were born and, if you moved to Canada after turning 18, the year you became resident. The calculator adds up every annual TFSA dollar limit you have qualified for since 2009, up to $109,000 by 2026, takes off what you have contributed and adds back what you withdrew in earlier years, following the CRA's rules. It shows the room you can use now, a year-by-year table of the limits counted and what carries into next year. If your figures point to an over-contribution, it shows the 1% monthly tax. It is an estimate from your own records; your CRA account holds the official figure.

Accepted inputs

  • Year of birth
  • Year you became resident in Canada
  • Years lived outside Canada
  • Contributions and withdrawals before this year
  • Contributions and withdrawals this year

Outputs

  • Available TFSA contribution room
  • Room on 1 January
  • Total dollar limits since you became eligible
  • Room carried into next year
  • Over-contribution and 1% monthly tax
  • Year-by-year limit table

How to use the TFSA Contribution Room Calculator

  1. Enter the year you were born, and the year you became resident if you moved to Canada as an adult.
  2. Add the total you contributed and withdrew in earlier years, then anything contributed or withdrawn so far this year.
  3. The calculator adds up each CRA dollar limit from 2009 onwards for the years you qualify, takes off contributions and adds back earlier withdrawals.
  4. Read the room you can use now, the year-by-year limits and what carries into next year, then check it against your CRA account.

Frequently asked questions

What is the TFSA limit for 2026?

The TFSA dollar limit for 2026 is $7,000, added to your room on 1 January 2026. It was also $7,000 in 2024 and 2025. Any unused room from earlier years and any amounts you withdrew in 2025 are added on top, so your total room can be much higher.

What is the total TFSA contribution room in 2026?

$109,000 if you were at least 18 and resident in Canada in 2009 and have never contributed. That is the sum of every annual limit from 2009 to 2026. Someone born in 2000, who turned 18 in 2018, has $57,000, and someone born in 2005 has $27,500.

When does TFSA contribution room start?

Room starts in the year you turn 18 if you live in Canada, and you get that full year's limit even if your birthday is in December. If you move to Canada as an adult, it starts in the year you become resident, so a newcomer who arrived in 2020 has $45,500 of room in 2026.

Do TFSA withdrawals add back contribution room?

Yes, but not until 1 January of the next year. If you withdraw $4,000 in 2026, that $4,000 comes back as room in 2027. Putting it back in the same year uses up room you may not have, which can lead to an over-contribution. Growth inside the account does not affect your room.

What happens if I over-contribute to my TFSA?

The CRA charges tax of 1% of the excess for every month it stays in the account. A $4,000 excess costs $40 a month for as long as it stays there. Check your room against your statements before contributing, because your CRA account only updates once a year.

Sources

The rates and rules in this tool come from:

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