How to Check Your TFSA Room Canada — CRA My Account Guide

The exact steps to find your available TFSA contribution room using CRA My Account, what the numbers mean, and how to adjust for current-year activity the CRA hasn't yet recorded.

Step 1: Log Into CRA My Account

1. Go to canada.ca/my-cra-account
2. Sign in using your CRA user ID and password, or log in through your bank (sign-in partner)
3. If you don't have a CRA My Account, register at the same URL — you'll need your SIN, date of birth, and information from a recent tax return

Step 2: Find Your TFSA Room

1. Once logged in, look for the "RRSP and TFSA" section on the home page, or use the top navigation
2. Click on "Tax-Free Savings Account (TFSA)"
3. You will see your "TFSA contribution room" — this is the amount the CRA has calculated based on reported data up to the end of the previous calendar year

Understanding the CRA Number: The Important Caveat

The CRA's TFSA room figure is based on information reported to them by financial institutions — which is typically for the previous calendar year. If you are checking in mid-2025, the CRA's number reflects your room as of January 1, 2025. It does NOT account for any contributions you have made in 2025.

Adjusting the CRA Figure: The Formula

Your true available room = CRA room figure − contributions made in the current calendar year + withdrawals made in the previous calendar year (already included by CRA)

Example:

• CRA shows: $22,000 available room (as of Jan 1, 2025)
• You contributed $5,000 in February 2025
• Your true room today: $22,000 − $5,000 = $17,000

What If My Room Looks Wrong?

If the CRA's room figure seems too low, possible reasons include:

• A financial institution reported a contribution that you don't recognize — could be a transfer incorrectly coded as a contribution
• A prior-year over-contribution that was assessed and deducted
• A transfer that was processed as a withdrawal + contribution instead of a direct transfer
• An institution that hasn't reported your withdrawal yet (data can lag)

You can call the CRA directly at 1-800-959-8281 to request a detailed TFSA transaction history to reconcile discrepancies.

Keeping Your Own Records: The Best Practice

The CRA My Account is a useful reference, but it is a lagging indicator. The most reliable approach is to keep your own TFSA ledger:

Other Ways to Check Your TFSA Room

• MyCRA mobile app: Available on iOS and Android — provides the same information as the web portal
• CRA by phone: Call 1-800-267-6999 (automated) or 1-800-959-8281 (agent) — have your SIN and tax return info ready
• Your Notice of Assessment: Each year's tax return Notice of Assessment includes your TFSA room — but this is a year behind