Tools

TFSA Contribution Room Calculator

Find out exactly how much TFSA room you have — accounting for your birth year, when you became a Canadian tax resident, any years abroad, and your contribution and withdrawal history.

Important: TFSA room is based on tax residency — not citizenship

Permanent residents, international students, and temporary workers can all accumulate TFSA room if they are Canadian tax residents. You do NOT need to be a citizen. Room does not accumulate during years you were a non-resident of Canada.

Your Details

For immigrants: the year you moved to Canada and established residential ties (filed a tax return, had a home, bank account, etc.). For citizens born here, this is typically before 2009.

Sum of all deposits ever made to your TFSA accounts.

Withdrawals made in previous calendar years are re-added to your room on Jan 1 of the following year. Don't include this year's withdrawals.

Canadian Citizen

You accumulate TFSA room for every year you are 18+ and a Canadian resident.

Lifetime Room Accumulated

$109,000

Eligible from 2009

Available Room Now

$109,000

You can contribute this amount today

Room Used

$0

0% of lifetime room

⚠️2026 limit ($7,000) is unconfirmed — CRA typically announces in the fall.

Year-by-year accumulation

Eligible years: 18

YearStatusAnnual LimitRoom AddedCumulative Room
2009✓ Resident$5,000$5,000$5,000
2010✓ Resident$5,000$5,000$10,000
2011✓ Resident$5,000$5,000$15,000
2012✓ Resident$5,000$5,000$20,000
2013✓ Resident$5,500$5,500$25,500
2014✓ Resident$5,500$5,500$31,000
2015✓ Resident$10,000$10,000$41,000
2016✓ Resident$5,500$5,500$46,500
2017✓ Resident$5,500$5,500$52,000
2018✓ Resident$5,500$5,500$57,500
2019✓ Resident$6,000$6,000$63,500
2020✓ Resident$6,000$6,000$69,500
2021✓ Resident$6,000$6,000$75,500
2022✓ Resident$6,000$6,000$81,500
2023✓ Resident$6,500$6,500$88,000
2024✓ Resident$7,000$7,000$95,000
2025✓ Resident$7,000$7,000$102,000
2026est.✓ Resident$7,000$7,000$109,000

Key TFSA rules to remember

  • Over-contributions are penalized at 1% per month on the excess amount. Always verify your room with CRA My Account before contributing.
  • Withdrawals are re-added to your room on January 1 of the following year — not immediately.
  • Non-residents do not accumulate new room. Contributing while a non-resident triggers a 1% per month penalty on that contribution.
  • Multiple TFSAs are fine — your room is a single lifetime total across all accounts at all institutions.
  • New immigrants — your room starts accumulating from the year you became a Canadian tax resident, even if you weren't yet a PR or citizen.

This calculator provides an estimate based on the information you enter. Always verify your exact TFSA room on CRA My Account or by calling 1-800-959-8281. Not financial or tax advice.

How TFSA room works

01

Eligibility starts at 18

You accumulate TFSA room starting the year you turn 18 — not when you open an account. If you never opened a TFSA, the room has been building silently since then.

02

Residency, not citizenship

TFSA room is based on being a Canadian tax resident. Permanent residents, international students, and temporary workers can all accumulate room — you don't need a passport.

03

Withdrawals come back

Unlike an RRSP, TFSA withdrawals are re-added to your room on January 1 of the following year. You never permanently lose room — you just can't re-contribute until next year.

TFSA annual limits — 2009 to 2026

2009

$5,000

2010

$5,000

2011

$5,000

2012

$5,000

2013

$5,500

2014

$5,500

2015

$10,000

2016

$5,500

2017

$5,500

2018

$5,500

2019

$6,000

2020

$6,000

2021

$6,000

2022

$6,000

2023

$6,500

2024

$7,000

2025

$7,000

2026

$7,000*

* 2026 limit unconfirmed — based on CPI indexation estimate. Cumulative lifetime room if eligible since 2009: $109,000.

Frequently asked questions

I immigrated mid-year — do I get the full year's room? Yes. The CRA grants the full annual limit for any calendar year in which you were a resident, even if you arrived mid-year. You don't get a prorated amount.

I was an international student — did I accumulate room? Generally yes, if you filed Canadian tax returns and had residential ties (lease, bank account, etc.). Room accumulated for every eligible year you were a tax resident, even on a study permit.

What happens if I leave Canada? You keep your existing room — it doesn't disappear. But you stop accumulating new room during non-resident years. Any contributions made while a non-resident are taxed at 1%/month until withdrawn.

How do I confirm my exact room? Log in to CRA My Account — it shows your exact room updated after each tax filing. This calculator is an estimate; always verify before contributing large amounts.