190+ calculators  /  US · CA · IN   /  no sign-up · no lead forms
RealMoneyIQ
Home / Income & Payroll / Bonus Tax

Bonus Tax Calculator

↻ Updated 2026 tax year

Find out your net bonus after tax. Uses the marginal method — stacking the bonus on your salary — plus 2026 CPP and EI where they still apply.

Educational calculators — always consult a licensed professional before making financial decisions.

Your inputs
Bonus amount
Annual base salary
Determines your marginal rate
Net bonus
$7,035
$7,035 in hand
Total withheld
$2,965
tax + CPP + EI
Effective bonus rate
29.6%
withheld ÷ bonus
What happens to your bonus
Net bonus$7,035
Federal tax$2,050
Provincial tax$915
CPP$0
EI$0
Breakdown
Bonus amount$10,000
Federal income tax− $2,050
Provincial tax (Ontario)− $915
CPP contributions− $0
EI premiums− $0
Net bonus$7,035
ASSUMPTIONS Uses the marginal method: the bonus is stacked on top of your base salary, so it is taxed at your top 2026 federal and Ontario marginal rates. CPP and EI apply only on the portion of the bonus still below the annual YMPE/max-insurable ceilings. The federal basic personal amount is applied as a proxy for the provincial basic personal amount. Excludes Quebec-specific QPP/QPIP and other credits.

Runs entirely in your browser — nothing you enter is sent to us.How this works

Related calculators
Sources & rate references

Rates, brackets and limits here are checked against primary sources. If a number still looks off, email support@realmoneyiq.com and we'll review and fix it.

RealMoneyIQ provides free educational calculators, not financial, tax, investment or legal advice. Results are estimates based on the assumptions you enter and publicly published rates; your actual outcome will differ. Always confirm decisions with a licensed professional who knows your full situation.