calculate_canada_federal_tax
Need to compute Canadian federal tax? Input your annual income in CAD to obtain taxable income, federal tax, and effective/marginal rates with the basic personal amount applied.
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. |