The Best TFSA Contribution Room Calculator (Google Sheets)
- Don’t overcontribute! Calculate your remaining TFSA contribution room in 2022.
- Calculate the room you will have in 2023.
- Estimate the future value of your TFSA investments based on historical global stock returns.
- Estimate the tax-free cash flow that your TFSA investments can produce in later years.
- Your CRA My Account will provide your contribution room remaining as of end-2021.
- Overcontribute? You’ll be punished with a 1% tax on the highest excess TFSA amount each month. Read more on the CRA website.
- You must save a copy of the Google Sheets to your Google Drive or download an excel copy.