Canadian Tax Calculator
Capital gains tax calculator
Estimate the Canadian income tax you would owe on a realized capital gain in a non-registered account for 2026, by province, using the 50% inclusion rate.
Your disposition
For straightforward sales of capital property in a non-registered account, such as stocks, ETFs, or the capital-gain portion of a rental-property sale. It does not calculate CCA recapture or other property-specific tax adjustments.
$
Enter taxable income after applicable deductions, in Canadian dollars. Include employment, self-employment, pension, interest, and other taxable income that the gain stacks on top of.
$
What the asset sold for, in Canadian dollars.
$
What you paid in Canadian dollars, including reinvested distributions and commissions to buy.
Selling commissions, legal or transfer fees in Canadian dollars. Optional.
Estimated tax on your gain
$3,058
15.3% average on the gain · 15.7% peak effective rate
Capital gain
$20,000
Proceeds − ACB − outlays
Taxable capital gain
$10,000
50.0% inclusion rate (2026)
Net after-tax proceeds
$56,942
Proceeds − outlays − tax
For straightforward capital-property dispositions, half of a capital gain is taxable in 2026. Account choice affects when and how investment returns are taxed. See our asset location and RRSP vs TFSA calculators. Moving accounts between brokerages? Check the transfer bonuses.
Estimates only, as of 2026.
This tool is for a straightforward disposition of capital property. Enter all monetary amounts in Canadian dollars. Other income means taxable income after applicable deductions. The estimate applies the 50% capital gains inclusion rate in force for 2026 and selected federal and provincial tax measures.
For a rental-property sale, the tool can estimate tax on the capital-gain portion using proceeds, ACB, and selling expenses. It does not calculate CCA recapture, change-in-use adjustments, short-held housing treatment, lifetime capital gains exemption claims, alternative minimum tax, reserves, deemed dispositions, capital loss carrybacks or carryforwards, the superficial loss rule, or other special rules. It also excludes CPP, EI, many credits and reductions, benefit clawbacks, and OAS or GIS effects.
Confirm your adjusted cost base and your specific situation with CRA or a tax professional before acting. This is for planning and information only, not tax or financial advice.
Frequently asked questions
How much of a capital gain is taxable in 2026?+
Half. The 2026 inclusion rate is 50%, so half of a capital gain is included in taxable income. The federal government first deferred the proposed increase to 2026, then confirmed in Budget 2025 that it would not proceed with the increase.
Why does the tax depend on my other income?+
A capital gain stacks on top of your other taxable income for the year after applicable deductions. The taxable half can pass through several federal and provincial brackets. This tool estimates the additional tax by comparing income tax before and after the taxable gain, rather than applying one rate to the full amount.
What does the peak effective rate mean?+
It is the highest tax rate reached on the full capital gain after applying the 50% inclusion rate. It is directly comparable with the average rate shown beside it. The peak can be higher when the taxable gain crosses an income-tested range, such as an Ontario health premium ramp, the B.C. tax reduction phase-out, or a basic personal amount phase-out.
What if I have a capital loss?+
A capital loss creates no tax on its own. Half of the loss is generally an allowable capital loss that can offset taxable capital gains in the same year, be carried back up to three years, or be carried forward indefinitely. A superficial loss can apply when you or an affiliated person acquires, or has a right to acquire, the same or identical property from 30 days before through 30 days after the sale, and still owns or has a right to acquire it 30 days after the sale.
Are gains inside a TFSA, RRSP, or FHSA taxed?+
A sale inside a TFSA, RRSP, or FHSA does not create immediate capital gains tax. TFSA withdrawals and qualifying FHSA withdrawals are generally tax-free. RRSP withdrawals and non-qualifying FHSA withdrawals are generally taxable as income. Sales in a non-registered account can create capital gains tax.
What is the adjusted cost base (ACB) and why does it matter?+
Your ACB is generally what you paid for the asset, adjusted for items such as purchase commissions, reinvested distributions, and returns of capital. Purchases of identical property in non-registered accounts are generally pooled when calculating ACB. Use Canadian-dollar amounts, including the Canadian-dollar value of foreign-currency transactions.
Is only a realized gain taxed?+
Yes. A capital gain is generally recognized when you sell or are deemed to have disposed of capital property. An increase in value alone does not create a realized gain. Deemed dispositions, including some events involving death or emigration, can require separate calculations that this tool does not model.
How accurate is this estimate?+
It is intended for a straightforward disposition of capital property. For a rental-property sale, it can estimate tax on the capital-gain portion, but it does not calculate CCA recapture or other property-specific adjustments. It also does not model short-held housing, lifetime capital gains exemption claims, alternative minimum tax, reserves, deemed dispositions, or other special rules. It is a planning estimate, not a tax return or tax advice.