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TFSA contribution room estimator
Estimate how much TFSA room you may have this year, based on the year you turned 18, when you became a Canadian resident and what you have put in and taken out.
About you
You first became eligible in 2008 (the year you turn 18).
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Cumulative TFSA limit by year
How this works
- Room = the sum of annual limits since you became eligible, minus what you contributed, plus withdrawals from earlier years.
- Withdrawals are added back to your room on January 1 of the following year, not right away.
- Unused room carries forward with no expiry.
- CRA My Account is the official source for your own figure.
Estimate for education only. This is not tax advice.
Your CRA My Account shows your official TFSA room. Over-contributing can trigger a tax of 1% per month on the excess, so always confirm with CRA before contributing. This estimate ignores things like non-resident periods, qualifying transfers and contributions made but not reported to you.
Annual limits: canada.ca, TFSA contributions. The 2026 limit follows the CRA announcement; check canada.ca for any later change.
Educational information, not investment or tax advice.