Ontario Child Benefit Estimate
Reviewing benefits for a Couple (3 Children) with a net income of $55,000.
Estimated Monthly Support
$2,147 /mo
~$25,758 per year (Tax-Free)
Household Profile
Children
1
Max Rate
1
2
Max Rate
3
3
Max Rate
5
Estimated Annual Benefit
$27,007 / 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 (3 Children) in Ontario qualifies for approximately $25,758 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): $19,415 / year
- Ontario Child & Trillium: $4,197 / year
- Tax Credits (GST + Carbon): $2,147 / year