OAS recovery tax (clawback) reduces your Old Age Security if your net world income exceeds $93,454 in 2026. The clawback is 15% of every dollar over that threshold.
Annual clawback
$982
Income over threshold
$6,546
Monthly OAS reduction
$82
OAS you'll keep / yr
$7,750
Source: CRA — Old Age Security recovery tax. 2026 threshold $93,454, full recovery at $154,196 (65–74) or $159,820 (75+). Calculated annually from your tax return; reductions apply to OAS payments July 2027 – June 2028.