Ontario Child Benefit Estimate
Reviewing benefits for a Couple (4 Children) with a net income of $50,000.
Estimated Monthly Support
$3,026 /mo
~$36,312 per year (Tax-Free)
Household Profile
Children
1
Max Rate
1
2
Max Rate
3
3
Max Rate
5
4
Std Rate
7
Estimated Annual Benefit
$37,561 / yr
Your Result Explained
At an income of $50,000, your family falls into the eligible range for federal benefits. Based on a household income of $50,000, a Couple (4 Children) in Ontario qualifies for approximately $36,312 per year in government support. This , plus includes the quarterly GST/HST credit and the Canada Carbon Rebate and the Ontario Child & Trillium.
Benefit Breakdown
- Canada Child Benefit (CCB): $26,612 / year
- Ontario Child & Trillium: $6,971 / year
- Tax Credits (GST + Carbon): $2,729 / year