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.