Ontario Child Benefit Estimate
Reviewing benefits for a Couple (1 Child) with a net income of $55,000.
Estimated Monthly Support
$716 /mo
~$8,592 per year (Tax-Free)
Household Profile
Children
1
Max Rate
1
Estimated Annual Benefit
$8,592 / yr
Your Result Explained
At an income of $55,000, your family falls into the eligible range for federal benefits. Based on a household income of $55,000, a Couple (1 Child) in Ontario qualifies for approximately $8,592 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): $6,771 / year
- Ontario Child & Trillium: $338 / year
- Tax Credits (GST + Carbon): $1,483 / year