TFSA Contribution Room Calculator
Find out how much you can still put in your TFSA this year. Enter the year you turned 18, your total contributions and past withdrawals and get an estimate of your 2026 room, then check it against the year-by-year table below.
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How much TFSA room do I have?
Your TFSA room is every annual limit since the year you turned 18 (or 2009, if later), minus everything you have contributed, plus any withdrawals from previous years. Someone who was 18 or older and resident in Canada in 2009 and has never contributed has $109,000 of room in 2026.
Assumes Canadian residency every year since you turned 18. Your official room is in CRA My Account.
How the TFSA contribution room calculator works
The TFSA contribution room calculator adds up every annual dollar limit you have been eligible for and compares that with what you have put in. It needs three numbers.
Year you turned 18 sets when your room started. If you turned 18 before 2009, enter 2009, the year TFSAs launched. Total contributions to date is everything you have deposited across all your TFSAs, not the current balance. Withdrawals made before this year are added back, because the CRA restores withdrawn amounts on 1 January of the following year. Leave out any withdrawal made this year.
The result shows your estimated room for 2026, your cumulative limit since you became eligible, and this year's annual limit. If contributions exceed your limit, it warns you, because the CRA charges tax on excess amounts. The calculator assumes you were resident in Canada every year since turning 18. For what a TFSA is and how it works, start with our guide to what a TFSA is.
How is TFSA contribution room calculated?
The CRA calculates TFSA contribution room as this year's dollar limit, plus any unused room from earlier years, plus the full amount of withdrawals you made last year, minus contributions you have made so far this year. Room starts in the year you turn 18 as a Canadian resident and carries forward forever, whether or not you open an account.
- Find the year you turned 18, or 2009 if you were already 18 when TFSAs started.
- Add every annual limit from that year to 2026 using the table below. That is your total TFSA room before any activity.
- Subtract the total of every contribution you have ever made to any TFSA.
- Add back every withdrawal made in an earlier calendar year. Withdrawals made in 2026 come back on 1 January 2027.
- The result is your available room for 2026. If it is negative, you have an excess amount to remove.
Qualifying transfers between your own TFSAs, done directly by the institutions, do not change your room. Investment growth and losses do not change it either.
How much can you put in a TFSA? Limits by year and total room
You can put in your total unused room. If you were 18 or older and resident in Canada in 2009 and have never contributed, the total TFSA contribution room is $109,000 in 2026, the lifetime limit so far. The 2026 annual limit is $7,000. Find the year you turned 18 below to see your own starting total.
| Year | Annual limit | Cumulative limit since 2009 | Your 2026 room if you turned 18 this year |
|---|---|---|---|
| 2009 | $5,000 | $5,000 | $109,000 |
| 2010 | $5,000 | $10,000 | $104,000 |
| 2011 | $5,000 | $15,000 | $99,000 |
| 2012 | $5,000 | $20,000 | $94,000 |
| 2013 | $5,500 | $25,500 | $89,000 |
| 2014 | $5,500 | $31,000 | $83,500 |
| 2015 | $10,000 | $41,000 | $78,000 |
| 2016 | $5,500 | $46,500 | $68,000 |
| 2017 | $5,500 | $52,000 | $62,500 |
| 2018 | $5,500 | $57,500 | $57,000 |
| 2019 | $6,000 | $63,500 | $51,500 |
| 2020 | $6,000 | $69,500 | $45,500 |
| 2021 | $6,000 | $75,500 | $39,500 |
| 2022 | $6,000 | $81,500 | $33,500 |
| 2023 | $6,500 | $88,000 | $27,500 |
| 2024 | $7,000 | $95,000 | $21,000 |
| 2025 | $7,000 | $102,000 | $14,000 |
| 2026 | $7,000 | $109,000 | $7,000 |
Read the last column only if you have been resident every year since turning 18. Newcomers start from the year they became resident instead. The limit for 2027 is usually announced late in the year; for how the government indexes it and the current figure, see our page on the TFSA limit for 2026.
Annual limits from the Canada Revenue Agency. Figures checked October 2026; confirm current amounts with the CRA.
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How do I find out how much TFSA room I have?
Sign in to your CRA account, open Savings and pension plans, select View TFSA details and then Contribution room. The CRA updates that figure once a year, in spring, after institutions report the previous year, so it can miss recent activity. The CRA itself recommends checking it against your own records, or using worksheet RC343.
- Note the room the CRA shows as of 1 January this year.
- Subtract every contribution you have made since 1 January, from your bank or brokerage statements.
- Do not add back this year's withdrawals yet. They count from next January.
- Compare the result with this calculator. If the two differ by more than this year's activity, check for an old TFSA you may have forgotten.
A personal record is the most reliable TFSA limit tracker. In EMOH Pay you can log each deposit and withdrawal against a TFSA savings goal, so your running total is always to hand when you check your room.
What adds to and what reduces your TFSA room
Most TFSA mistakes come from misunderstanding what counts. The rules are simple once you separate contributions from the account's value.
- Adds room: each new calendar year's dollar limit, starting the year you turn 18 and are resident in Canada.
- Adds room: any withdrawal, but only from 1 January of the following year, not immediately.
- Reduces room: every contribution, including money you put back in the same year you took it out.
- Does not count: investment growth, interest and dividends. A TFSA that grows from $50,000 to $80,000 does not use extra room.
- Does not restore room: investment losses. If $10,000 falls to $6,000, the lost $4,000 of room does not come back.
- Does not count: a direct transfer between two of your TFSAs at different institutions, as long as the institutions move it for you.
Worked example: re-contributing after a withdrawal
Timing is the part most people get wrong. Here is one example, following the same logic the calculator uses.
- Someone who turned 18 in 2015 has a cumulative limit of $78,000 in 2026: $10,000 for 2015 plus every limit from 2016 to 2026.
- They have contributed $60,000 in total over the years: $78,000 − $60,000 = $18,000 of room.
- In March 2025 they withdrew $10,000 for a car. That amount is added back on 1 January 2026: $18,000 + $10,000 = $28,000 of room in 2026.
- If they withdraw another $5,000 in June 2026 and put it back in October 2026, the re-contribution uses $5,000 of current room, leaving $23,000. The June withdrawal itself only comes back in January 2027.
Enter 2015, $60,000 and $10,000 in the calculator and it returns $28,000, matching the example.
What happens if I over-contribute to my TFSA?
If you contribute more than your available room, the excess is taxed at 1% per month for as long as it stays in your account. The CRA may send a letter and you may need to file a TFSA return. Withdraw any excess as soon as you notice it, because the tax runs every month until it is removed.
Why your CRA account can be out of date
Financial institutions report TFSA transactions to the CRA after the year ends, so the room shown early in the year may not include your latest contributions or withdrawals. Keep your own running record.
Newcomers and non-residents
You only earn TFSA room for years you are a resident of Canada and at least 18. In the year you become a resident you receive that year's full limit, but nothing for earlier years. Contributions made while a non-resident are taxed at 1% per month, even if you have room.
How does a TFSA work, and does it have an interest rate?
A TFSA is a registered account where investment income and withdrawals are tax-free. You contribute money you have already paid tax on, and nothing inside it is taxed again. A TFSA has no interest rate of its own: your return depends on what you hold, whether a savings option, a GIC, funds or shares.
- Comparing TFSA rates. A TFSA savings account or GIC rate is set by each institution, so compare the rate and any fees, not the account label.
- Growth example. $7,000 earning 4% a year for 20 years grows to about $15,300, and none of the $8,300 gain is taxed. Try your own numbers in the compound interest calculator.
- TFSA or RRSP. If you are deciding where the next dollar goes, the TFSA vs RRSP calculator compares both, and the RRSP calculator shows the refund side.
- First home. Saving for a first home? The FHSA adds a deduction on deposits, with its own $8,000 annual limit.
Tracking your TFSA alongside your budget
Once you know your room, the next question is how much you can contribute each month without squeezing your spending. The budget calculator helps you find that number, and the savings goal calculator turns a target, such as filling this year's $7,000, into about $583 a month.
In EMOH Pay you can set a savings goal for your TFSA, log each contribution and watch your net worth grow. It is free to start on iPhone, Android and the web, and keeping your own record of deposits and withdrawals makes the CRA's timing rules much easier to follow.
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Get started free➜TFSA Contribution Room Calculator: frequently asked questions
Where can I find my official TFSA room?
In your CRA account, under Savings and pension plans, then View TFSA details. It is updated once a year in spring, so add or subtract anything you have done since January. Worksheet RC343 helps you check it.
What is the lifetime limit for a TFSA?
There is no fixed lifetime cap. Room grows by each year's limit. In 2026 the total for someone eligible since 2009 is $109,000, and it rises every 1 January by the new annual limit.
Do I get TFSA room if I did not open an account?
Yes. Room builds every year from the year you turn 18, as long as you are a Canadian resident, whether or not you have opened a TFSA.
Can I put back money I withdrew this year?
Only if you have other unused room. A withdrawal is added back to your room on 1 January of the following year. Re-contributing sooner uses current room and can create an excess.
Does TFSA growth count against my room?
No. Only contributions reduce your room. Interest, dividends and capital gains inside a TFSA do not use room, and a withdrawal of the full grown balance restores the full amount the next year.
Is TFSA room shared between accounts?
Yes. Your room is a single personal limit across all your TFSAs at every bank or brokerage. Opening a second account does not give you extra room.
How much TFSA room does a newcomer to Canada have?
Room starts in the year you become a resident, if you are 18 or older. You get that full year's limit, $7,000 in 2026, and each later year's limit, but no room for years before you arrived.
What is the TFSA limit for 2027?
The CRA normally announces the next year's limit near the end of the current year. Until it is published, plan with the 2026 total and check our TFSA limit page for the update.
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