calculate_canada_federal_tax
Compute Canadian federal income tax (CRA) by deducting the basic personal amount from annual income. Get taxable income, federal tax, effective and marginal tax rates.
Instructions
Calculate Canadian federal income tax (CRA) with basic personal amount deduction. Returns: {income_cad, basic_personal_amount, taxable_income, federal_tax, effective_rate_pct, marginal_rate_pct, ...}. See list_bundles for related 'finance-afrique-quebec' calculators.
Input Schema
| Name | Required | Description | Default |
|---|---|---|---|
| income_cad | Yes | Annual income in Canadian dollars (CAD) |
Output Schema
| Name | Required | Description | Default |
|---|---|---|---|
| result | No | Computed result. Object whose fields depend on the tool (e.g. {tax, marginal_rate, brackets} for tax tools, {volume_l, gallons} for volume tools). | |
| formula | No | Human-readable formula or method used (e.g. "I=P·r·t", "Magnus formula"). | |
| source | No | Authoritative source for the rule or formula (e.g. "Article 197 CGI", "NF DTU 21"). | |
| reference_url | No | Link to a calcul2 page documenting the calculation in detail. |