RRSP Withdrawal Tax in Nunavut (2026)
CRA withholds 10% / 20% / 30% at source for withdrawals up to $5,000 / $5,001–$15,000 / over $15,000 — federal only (no provincial withholding outside Quebec). Final tax at filing depends on your Nunavut marginal rate (other income + brackets).
Withholding at Source (Nunavut)
| Withdrawal amount | Federal (CRA) | Total withheld |
|---|---|---|
| Up to $5,000 | 10% | 10% |
| $5,001 – $15,000 | 20% | 20% |
| Over $15,000 | 30% | 30% |
Source: CRA S3-F10-C3 and Regulation 103. Withholding is a prepayment — your final tax at filing is your combined federal + Nunavut marginal rate.
Tax on Every RRSP Withdrawal Amount (Nunavut, 2026)
Assumes RRSP withdrawal is your only income — e.g. retiree with no employment or CPP/OAS yet. 2026 basic personal amount shelters the first ~$16,129 federally.
| Withdrawal | Withheld | Actual tax | Effective rate | Refund / (Owing) | Net in hand |
|---|---|---|---|---|---|
| $300 | $30 | $0 | 0.0% | $30.00 | $300 |
| $1,000 | $100 | $0 | 0.0% | $100.00 | $1,000 |
| $2,000 | $200 | $0 | 0.0% | $200.00 | $2,000 |
| $3,000 | $300 | $0 | 0.0% | $300.00 | $3,000 |
| $4,500 | $450 | $0 | 0.0% | $450.00 | $4,500 |
| $5,000 | $500 | $0 | 0.0% | $500.00 | $5,000 |
| $8,000 | $1,600 | $0 | 0.0% | $1,600.00 | $8,000 |
| $10,000 | $2,000 | $0 | 0.0% | $2,000.00 | $10,000 |
| $15,000 | $3,000 | $0 | 0.0% | $3,000.00 | $15,000 |
| $20,000 | $6,000 | $510 | 3.0% | $5,489.64 | $19,490 |
| $25,000 | $7,500 | $1,410 | 6.0% | $6,089.64 | $23,590 |
| $30,000 | $9,000 | $2,310 | 8.0% | $6,689.64 | $27,690 |
| $35,000 | $10,500 | $3,210 | 9.0% | $7,289.64 | $31,790 |
| $40,000 | $12,000 | $4,110 | 10.0% | $7,889.64 | $35,890 |
| $50,000 | $15,000 | $5,910 | 12.0% | $9,089.64 | $44,090 |
| $60,000 | $18,000 | $7,932 | 13.0% | $10,067.66 | $52,068 |
| $70,000 | $21,000 | $10,682 | 15.0% | $10,317.66 | $59,318 |
| $75,000 | $22,500 | $12,057 | 16.0% | $10,442.66 | $62,943 |
| $100,000 | $30,000 | $18,932 | 19.0% | $11,067.66 | $81,068 |
| $150,000 | $45,000 | $35,263 | 24.0% | $9,737.18 | $114,737 |
| $200,000 | $60,000 | $53,784 | 27.0% | $6,216.35 | $146,216 |
| $300,000 | $90,000 | $95,944 | 32.0% | ($5,944.37) | $204,056 |
$20,000 Withdrawal on Top of Other Income (Nunavut 2026)
What a $20,000 RRSP withdrawal actually costs in Nunavut when stacked on your existing income. Effective rate rises as marginal rate climbs into higher brackets.
Other income: $0
$510
3.0% effective
Withheld $6,000 → refund $5,490
Other income: $30,000
$3,600
18.0% effective
Withheld $6,000 → refund $2,400
Other income: $60,000
$5,500
28.0% effective
Withheld $6,000 → refund $500
Other income: $100,000
$5,830
29.0% effective
Withheld $6,000 → refund $170
Run the numbers with your exact amount, other income, and year: Open RRSP Withdrawal Tax Calculator →
RRSP Withdrawal Tax in Other Provinces
Related Calculators
Frequently asked questions
How much withholding tax is deducted on an RRSP withdrawal in Nunavut?
In Nunavut, CRA withholds federal-only at source: 10% on withdrawals up to $5,000, 20% on $5,001–$15,000, and 30% above $15,000. No provincial withholding applies — your provincial tax is settled at filing.
What is the final tax rate on an RRSP withdrawal in Nunavut?
The final tax equals your combined federal + Nunavut marginal rate times the withdrawal. With no other income in 2026, a $20,000 withdrawal actually costs $510 (3.0% effective). At $60,000 other income it climbs to $5,500 (28.0%).
Is RRSP withdrawal taxable income in Nunavut?
Yes — fully added to your taxable income for the year and taxed at your combined federal + Nunavut marginal rate. The withholding is a deposit, not the final bill.
Does Nunavut have its own RRSP withholding?
No. Nunavut does not have a separate withholding — only CRA withholds federally (10% / 20% / 30%). Your Nunavut provincial tax is calculated and settled when you file your T1 return. Quebec is the only province with a combined federal + provincial withholding.