Aha moment
Unused TFSA room
$89,000
Based on your contribution history, you have $89,000 in modeled unused TFSA room, assuming entered withdrawals were restored before 2026.
Lifetime room accumulated
$109,000
Net contributions
$20,000
Available room$89,000
Lifetime room$109,000
Registered accounts
TFSA Contribution Room Calculator
Estimate unused TFSA room from age eligibility, lifetime contributions, and already restored withdrawals.
Use this calculator if you are not sure how much TFSA room you have left or want to check for missed years.
Your inputs
Edit the values below to model your own situation.
What you'll need
- Your year of birth
- Total contributions ever made to all your TFSAs (from CRA My Account)
- Any TFSA withdrawals made this calendar year
TFSA room resets each January 1. Withdrawals generally restore the following calendar year, not the year withdrawn. Enter only withdrawals already restored before 2026.
Eligible since 2009
Result explainer
What this TFSA room estimate means
What this means
Based on the values entered, the model shows $89,000 of unused TFSA room.
Why this result happened
- $109,000 of lifetime room is modeled from 2009 through 2026.
- Net contributions are modeled at $20,000 after including restored withdrawals entered here.
What could change this
- CRA My Account is the source to check for official TFSA room.
- Withdrawals usually restore room on January 1 of the following year, not immediately.
- Contribution records, prior withdrawals, or timing differences can change the modeled room.
Next number to check
Check unused roomUse the Dividend Calculator to estimate what a specific amount of available room could produce in annual income.
This is an informational estimate based on the values entered. Check CRA records before relying on TFSA room numbers.
This calculator is for informational purposes only and does not constitute financial advice.
Result meaning
What your result means
Use this as a plain-English read on the output before changing assumptions.
Number that matters most
Available TFSA room
$89,000
Based on your contribution history, you have $89,000 in modeled unused TFSA room, assuming entered withdrawals were restored before 2026.
Lifetime room
$109,000 has accumulated from 2009 through 2026.
Withdrawal timing
Withdrawals usually restore contribution room on January 1 of the following year.
Be careful about
- Always verify official room in CRA My Account before contributing.
Test next
- Run the Dividend Calculator to estimate what this room could produce in annual income.
Next step
What to run next
Use the next calculator to test the decision your result points toward.
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Educational context
TFSA Contribution Room in Canada
The Tax-Free Savings Account is one of the most flexible registered accounts in Canada. Understanding how room accumulates and how over-contributions happen is essential.
What is the TFSA contribution limit for 2026?
The TFSA annual limit is set by the CRA each year based on inflation indexing. Contribution room accumulates every year starting from the year you become eligible. This calculator helps estimate your exact room based on your history.
How does TFSA contribution room carry forward?
Unused TFSA room carries forward indefinitely. Withdrawals also restore room, but usually not until January 1 of the following year.
What happens if I over-contribute to my TFSA?
The CRA charges a 1% monthly penalty on the highest excess amount for each month the over-contribution remains. Accurate tracking is the best way to avoid this.
Can I hold dividend stocks in my TFSA?
Yes. Canadian dividends in a TFSA are tax-free. DRIP reinvestment also grows tax-free. Foreign dividend treatment can differ because of withholding tax.
TFSA vs RRSP, which should I prioritize?
That depends on your tax bracket, timeline, and goals. The TFSA is often more flexible, while the RRSP can provide a stronger deduction at higher income levels.
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Freshness and methodology
Last reviewed
April 2026 with 2026 CRA planning inputs.
Methodology
Annual TFSA limits use 2026 CRA-published figures. The 2026 annual limit is $7,000.
Source
Updated for 2026 CRA limits · Last verified April 2026
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