How to Use
1. Select Year Choose the tax year you are
calculating for.
2. Enter Starting Room Find this on your
CRA login or TFSA records.
3. Add Transactions Manually check all your
transactions and add them via CSV file.
4. Check Results See your remaining
room or estimated penalty below.
1 Account Setup
$
2 Transactions
0 items
Format: Date, Type, Amount, Institution
Example: 2024-01-01, Contribution, 5000, RBC
Example: 2024-01-01, Contribution, 5000, RBC
Or Add
Manually
$
No transactions added yet.
Estimated Penalty
$0.00
Total 1% tax on excess
Max Monthly Excess
$0.00
Highest peak in year
Remaining Contribution Room
$0.00
Available to contribute this year
Next Year's Room
$0.00
Est. Limit on Jan 1
Months Affected
0
Months with excess > 0
Total Contributions
$0.00
Added this year
Total Withdrawals
$0.00
Added back next year
Excess Timeline
Room Available
Excess Amount
Monthly Breakdown
| Month | Max Excess | Penalty (1%) | Status |
|---|---|---|---|
| Complete setup to see breakdown. | |||
| Total | - | $0.00 | |