Enter your year of birth, when you became a resident of Canada, and what you've put in and taken out of your TFSAs, as totals or year by year, to see your contribution room on 1 January 2026, what's left now, any over-contribution and next year's room.
The year you became a resident, if after 2009
$
Everything you've put in, all years together
$
Comes back to your room on 1 January
$
$
Comes back on 1 January next year
Room on 1 January 2026
$74,000
Room left now
$71,000
Limits since 2009
$109,000
Room on 1 January 2027, plus its limit
$71,000
Your room has built up since 2009: the year you turned 18 or became a resident, or 2009 when TFSAs began.
Money you withdraw this year doesn't free up room until 1 January next year; putting it back sooner uses this year's room.
The 2027 limit is announced in November.
Year by year
Year
Limit
Room on 1 Jan
In
Out
2009
$5,000
$5,000
—
—
2010
$5,000
$10,000
—
—
2011
$5,000
$15,000
—
—
2012
$5,000
$20,000
—
—
2013
$5,500
$25,500
—
—
2014
$5,500
$31,000
—
—
2015
$10,000
$41,000
—
—
2016
$5,500
$46,500
—
—
2017
$5,500
$52,000
—
—
2018
$5,500
$57,500
—
—
2019
$6,000
$63,500
—
—
2020
$6,000
$69,500
—
—
2021
$6,000
$75,500
—
—
2022
$6,000
$81,500
—
—
2023
$6,500
$88,000
—
—
2024
$7,000
$95,000
—
—
2025
$7,000
$102,000
$40,000
$5,000
2026
$7,000
$74,000
$3,000
—
An estimate from what you enter. Your exact room is in CRA My Account (it may not include this year's transactions yet). Not financial advice.
How to use the TFSA room calculator
Choose your year of birth and, if you moved to Canada after 2009, the year you became a resident.
Enter your contributions and withdrawals: totals for all earlier years and this year, or year by year for an exact history.
Read your room now; tick the box if you withdrew money to fix an over-contribution.
Worked example
Someone born in 1990 has had room since 2009, the first TFSA year: $109,000 of limits to 2026. They put in $40,000 before 2026 and took out $5,000, which came back on 1 January, so their room on 1 January 2026 is $109,000 − $40,000 + $5,000 = $74,000. After contributing $3,000 this year, $71,000 is left. If instead they had no room left and took out $3,000 and put it back in the same year, they'd be $3,000 over, taxed $30 a month.
Source: Canada Revenue Agency, TFSA contribution room and guide RC4466. Everything runs in your browser.
Frequently asked questions
What is the TFSA limit for 2026?
$7,000, the same as 2024 and 2025. Someone who was 18 or older and living in Canada in 2009 and has never contributed has $109,000 of room in 2026. The yearly limits were $5,000 for 2009–2012, $5,500 for 2013–2014, $10,000 for 2015, $5,500 for 2016–2018, $6,000 for 2019–2022, $6,500 for 2023 and $7,000 from 2024.
When does my TFSA room start?
In the year you turn 18 while living in Canada, whether or not you open an account. In British Columbia, New Brunswick, Newfoundland and Labrador, Nova Scotia and the territories you can only open a TFSA at 19, but the room from 18 still builds up. Newcomers get room from the year they become residents, and the limit for that year isn't reduced.
When can I put back money I withdrew?
From 1 January of the next year, when the withdrawal is added back to your room. Putting it back in the same year uses this year's room, and if you don't have enough, the excess is taxed. Unused room carries forward with no time limit.
What happens if I over-contribute?
The CRA charges 1% a month on the highest excess in each month until you withdraw it or new room on 1 January absorbs it, and you file Form RC243 by 30 June of the next year. A $3,000 excess costs $30 a month. The part of a withdrawal that removes an excess isn't added back to your room the next year.
Why is my room in CRA My Account different?
My Account shows your room on 1 January, built from the yearly reports banks and brokers send by the end of February. Contributions and withdrawals made this year aren't in it yet, so subtract this year's contributions yourself, as the calculator does.
Do I get TFSA room while living abroad?
Not for a year you're a non-resident for the whole year. You can keep your TFSA and withdraw from it, but contributions made while you're a non-resident are taxed at 1% a month until you withdraw them.
