TotalYields Canada
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After-Tax Dividend Income Calculator (Canada)

Most people plan using headline yield… but what matters is what you keep. This page estimates after-tax monthly and annual income for Canada using simple planning inputs: investment amount, yield, account type, and a tax estimate.

After-tax dividend income estimator

Planning math (simple): Pre-tax annual = Investment × (Yield ÷ 100).
Estimated tax = Pre-tax annual × (Tax rate ÷ 100) × (Taxable portion).
After-tax annual = Pre-tax annual − Estimated tax.

Canada page is mainly for CAD, but USD is included for convenience.
Accepted range: 0 to 1,000,000,000
This is a planning estimate. Real payouts can change.
Your yearly total stays the same; timing changes.
This is simplified planning logic (not tax advice).
Funds can pay distributions that aren’t “pure dividends”.
Example: 30 = 30% marginal rate. Use an estimate.
If 30% is ROC/non-taxable, taxable portion ≈ 70%.
Pre-Tax Income Calculator Yield Calculator
Pre-tax monthly income —
After-tax monthly income (estimate) —
After-tax annual income (estimate) —
Estimated tax on distributions (annual) —
Estimated payout per payment (after-tax) —
Important (Canada reality check)

In non-registered accounts, ETF “distributions” can include dividends, capital gains, option premiums, and return of capital (ROC), which can be taxed differently. This tool is a planning estimate to help you think in “what I keep”.

FAQ

Why is TFSA showing higher after-tax income?

TFSA is tax-free, so this simple estimate treats tax as 0% on income. Real life can have edge cases (like withholding taxes), but for planning, TFSA usually wins on “what you keep”.

What about RRSP / RRIF?

RRSP is tax-deferred. This page estimates the distribution “inside” the account without tax, but you’ll pay tax when you withdraw. (Future roadmap: add a withdrawal-tax estimator.)

Eligible dividends vs “other income” — why it matters?

Eligible Canadian dividends often get a better tax treatment than interest/foreign income. This tool uses a simple multiplier (not the full CRA dividend tax credit math) so you can plan quickly.