OAS Clawback Calculator: What the Recovery Tax Takes Back

Enter your net income and your monthly OAS pension to see your recovery tax — 15 cents per dollar above $93,454 — as an annual total and a monthly reduction.

Your net income (line 23400)

$/ year

Your monthly OAS pension

$/ month

Presets: maximum at 65–74: $762.50 · maximum at 75+: $838.75 (October to December 2026). Recovery year: July 2026 to June 2027, on 2025 income, threshold $93,454.

Recovery tax

$982

per year

Monthly reduction

$82

withheld from each payment

Your OAS after recovery

$681

per month

At $100,000 of income you are $6,546 over the threshold.

How the recovery tax works

If your net income (line 23400) passes $93,454 — the threshold for the July 2026 to June 2027 recovery year, based on 2025 income — the government recovers your Old Age Security at 15 cents per dollar of income above the line. The recovery is not a surprise tax bill in April: it is withheld from your monthly OAS payments across the following July to June, which is why a high-income year quietly shrinks next year’s pension cheques.

At the maximum pension, Service Canada’s table puts full repayment at about $152,062 of income for ages 65 to 74. Your own full-repayment point depends on the size of your pension — the calculator above caps the recovery at the pension you enter.

The levers that actually move it

The clawback is calculated on net income, which makes it one of the few taxes you can plan around legally: RRSP and RRIF withdrawal timing, pension income splitting with a spouse, realizing capital gains in a lower-income year, and drawing on a TFSA — whose withdrawals are not income at all — in the years when every taxable dollar costs 15 cents of OAS on top of its tax rate. The full explainer, including why deferring OAS to 70 changes the math, is in the OAS clawback guide. How the supplement for lower-income seniors fits the same income picture is in the GIS guide.