Manitoba FHSA & RRSP Tax Refund Calculator 2026
In Manitoba, an $8,000 contribution gives a refund of about $2,660.00 on $70,000 of income and about $2,660.00 on $100,000 (estimate).
Estimated result Estimate
- Refund rate
- 33.25%
- Net cost after refund
- $5,340.00
- Combined marginal rate
- 33.25%
- Deduction used
- $8,000.00
- Tax before contribution
- $19,523.49
- Tax after contribution
- $16,863.49
- Federal tax before contribution
- $11,317.73
- Provincial or territorial tax before contribution
- $8,205.76
- Contribution above income (no tax effect)
- $0.00
Limit checks
Estimate for information only, not tax or investment advice. Based on 2026 tax rates. Excludes the Ontario Health Premium, CPP/EI and other credits.
Federal brackets · Source: www.canada.ca · As of: Oct 2026 Estimate
Provincial or territorial brackets · Source: www.canada.ca · As of: Oct 2026 Estimate
Basic personal amount · Source: www.canada.ca · As of: Oct 2026 Estimate
Tax rates by income
| Taxable income | Marginal rate | Average rate |
|---|---|---|
| $30,000 | 24.80% | 11.44% |
| $50,000 | 26.75% | 16.88% |
| $70,000 | 33.25% | 20.77% |
| $85,000 | 33.25% | 22.97% |
| $100,000 | 33.25% | 24.51% |
| $120,000 | 43.40% | 26.83% |
| $150,000 | 43.40% | 30.15% |
| $200,000 | 47.55% | 33.76% |
| $250,000 | 47.55% | 36.52% |
Tax brackets
| Income bracket | Rate |
|---|---|
| Up to $47,564 | 10.80% |
| $47,564 to $101,200 | 12.75% |
| Over $101,200 | 17.40% |
Source: www.canada.ca · As of: Oct 2026 Estimate
| Income bracket | Rate |
|---|---|
| Up to $58,523 | 14.00% |
| $58,523 to $117,045 | 20.50% |
| $117,045 to $181,440 | 26.00% |
| $181,440 to $258,482 | 29.00% |
| Over $258,482 | 33.00% |
Source: www.canada.ca · As of: Oct 2026 Estimate
Specific to Manitoba
Manitoba reduces its basic personal amount for income above $200,000, down to $0 at $400,000 or more.
Basic personal amount reduction · Source: www.canada.ca · As of: Oct 2026 Estimate
Provincial or territorial brackets · Source: www.canada.ca · As of: Oct 2026 Estimate