Estimated Tax Payable – Chaplin & Co. LLP, Chartered Professional Accountants

Estimated Tax Payable

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Estimated Tax Payable

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Year 2021

Taxable Income	Estimated Federal & Ontario Tax
$20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 150,000 200,000 300,000 400,000 500,000 1,000,000	$1,389 3,394 5,399 7,657 10,622 13,587 16,652 19,710 23,455 45,159 69,240 121,850 175,380 228,909 496,557

Year 2020

Taxable Income	Estimated Federal & Ontario Tax
$20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 150,000 200,000 300,000 400,000 500,000 1,000,000	$1,481 3,486 5,491 7,792 10,757 13,722 16,710 19,870 23,709 45,413 69,492 122,167 175,696 229,226 496,874

Year 2019

Taxable Income	Estimated Federal & Ontario Tax
$20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 150,000 200,000 300,000 400,000 500,000 1,000,000	$1,665 3,670 5,675 8,060 11,025 13,990 17,005 20,205 24,213 45,988 69,972 122,775 176,305 229,834 497,482

Year 2018

Taxable Income	Estimated Federal & Ontario Tax
$20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 150,000 200,000 300,000 400,000 500,000 1,000,000	$1,716 2,721 5,726 8,206 11,171 14,136 17,181 20,462 24,626 46,496 70,481 123,465 176,995 230,524 438,172

Year 2017

Taxable Income	Estimated Federal & Ontario Tax
$20,000 30,000 40,000 50,000 60,000 70,000 80,000 90,000 100,000 150,000 200,000 300,000 400,000 500,000 1,000,000	$1,751 3756 5,761 8,310 11,275 14,240 17,310 20,691 24,931 46,865 70,850 123,955 177,485 231,015 498,663