2024 Alberta Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$122,000.04
Salary
$122,000.04
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$34,003.37
Federal Tax
$19,332.50
Provincial Tax
$9,566.25
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$87,996.67
Marginal Tax Rate
36%
Average Tax Rate
23.69%
Comprehensive Deduction Rate
27.87%
Monthly Salary
Total Income
$10,166.67
Salary
$10,166.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,833.61
Federal Tax
$1,611.04
Provincial Tax
$797.19
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$7,333.06
Marginal Tax Rate
36%
Average Tax Rate
23.69%
Comprehensive Deduction Rate
27.87%
Biweekly Salary
Total Income
$4,692.31
Salary
$4,692.31
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,307.82
Federal Tax
$743.56
Provincial Tax
$367.93
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$3,384.49
Marginal Tax Rate
36%
Average Tax Rate
23.69%
Comprehensive Deduction Rate
27.87%
Weekly Salary
Total Income
$2,346.15
Salary
$2,346.15
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$653.91
Federal Tax
$371.78
Provincial Tax
$183.97
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,692.24
Marginal Tax Rate
36%
Average Tax Rate
23.69%
Comprehensive Deduction Rate
27.87%
Daily Salary
Total Income
$469.23
Salary
$469.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$130.78
Federal Tax
$74.36
Provincial Tax
$36.79
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$338.45
Marginal Tax Rate
36%
Average Tax Rate
23.69%
Comprehensive Deduction Rate
27.87%
Hourly Salary
Total Income
$62.56
Salary
$62.56
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17.44
Federal Tax
$9.91
Provincial Tax
$4.91
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$45.13
Marginal Tax Rate
36%
Average Tax Rate
23.69%
Comprehensive Deduction Rate
27.87%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
Federal Tax Bracket | Federal Tax Rates |
---|---|
$55,867.00 or less | 15% |
$55,867.00 - $111,732.99 | 20.5% |
$111,733.00 - $173,204.99 | 26% |
$173,205.00 - $246,751.99 | 29% |
More than $246,752.00 | 33% |
Alberta Tax Bracket | Alberta Tax Rates |
---|---|
$148,269.00 or less | 10% |
$148,269.00 - $177,921.99 | 12% |
$177,922.00 - $237,229.99 | 13% |
$237,230.00 - $355,844.99 | 14% |
More than $355,845.00 | 15% |
Income taxes on monthly salaries
Annual Income Tax by Province/Territory
Total Income
$122,000.04
Total Deductions
$30,759.34
Net Pay
$91,240.70
Average Tax Rate
21.03%
Comprehensive Deduction Rate
25.21%
Total Income
$122,000.04
Total Deductions
$32,649.07
Net Pay
$89,350.97
Average Tax Rate
22.58%
Comprehensive Deduction Rate
26.76%
Total Income
$122,000.04
Total Deductions
$32,778.33
Net Pay
$89,221.71
Average Tax Rate
22.68%
Comprehensive Deduction Rate
26.87%
Total Income
$122,000.04
Total Deductions
$33,024.41
Net Pay
$88,975.63
Average Tax Rate
22.89%
Comprehensive Deduction Rate
27.07%
Total Income
$122,000.04
Total Deductions
$34,003.37
Net Pay
$87,996.67
Average Tax Rate
23.69%
Comprehensive Deduction Rate
27.87%
Total Income
$122,000.04
Total Deductions
$34,913.47
Net Pay
$87,086.57
Average Tax Rate
24.43%
Comprehensive Deduction Rate
28.62%
Total Income
$122,000.04
Total Deductions
$36,237.05
Net Pay
$85,762.99
Average Tax Rate
25.52%
Comprehensive Deduction Rate
29.7%
Total Income
$122,000.04
Total Deductions
$37,913.02
Net Pay
$84,087.02
Average Tax Rate
26.89%
Comprehensive Deduction Rate
31.08%
Total Income
$122,000.04
Total Deductions
$38,016.45
Net Pay
$83,983.59
Average Tax Rate
26.98%
Comprehensive Deduction Rate
31.16%
Total Income
$122,000.04
Total Deductions
$38,755.59
Net Pay
$83,244.45
Average Tax Rate
27.58%
Comprehensive Deduction Rate
31.77%
Total Income
$122,000.04
Total Deductions
$39,978.78
Net Pay
$82,021.26
Average Tax Rate
28.59%
Comprehensive Deduction Rate
32.77%
Total Income
$122,000.04
Total Deductions
$40,238.09
Net Pay
$81,761.95
Average Tax Rate
28.35%
Comprehensive Deduction Rate
32.98%
Total Income
$122,000.04
Total Deductions
$41,037.27
Net Pay
$80,962.77
Average Tax Rate
29.45%
Comprehensive Deduction Rate
33.64%
Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
---|---|---|---|---|---|
Nunavut | $122,000.04 | $30,759.34 | $91,240.70 | 21.03% | 25.21% |
British Columbia | $122,000.04 | $32,649.07 | $89,350.97 | 22.58% | 26.76% |
Yukon | $122,000.04 | $32,778.33 | $89,221.71 | 22.68% | 26.87% |
Northwest Territories | $122,000.04 | $33,024.41 | $88,975.63 | 22.89% | 27.07% |
Alberta | $122,000.04 | $34,003.37 | $87,996.67 | 23.69% | 27.87% |
Ontario | $122,000.04 | $34,913.47 | $87,086.57 | 24.43% | 28.62% |
Saskatchewan | $122,000.04 | $36,237.05 | $85,762.99 | 25.52% | 29.7% |
Manitoba | $122,000.04 | $37,913.02 | $84,087.02 | 26.89% | 31.08% |
New Brunswick | $122,000.04 | $38,016.45 | $83,983.59 | 26.98% | 31.16% |
Newfoundland and Labrador | $122,000.04 | $38,755.59 | $83,244.45 | 27.58% | 31.77% |
Prince Edward Island | $122,000.04 | $39,978.78 | $82,021.26 | 28.59% | 32.77% |
Quebec | $122,000.04 | $40,238.09 | $81,761.95 | 28.35% | 32.98% |
Nova Scotia | $122,000.04 | $41,037.27 | $80,962.77 | 29.45% | 33.64% |
This tool was designed for approximation purposes only and should not be used to replace legal or accounting authority. For the purpose of simplifying the process, a number of variables have been assumed to calculate the figures included on this page. The results of this calculator should not be relied upon for determining career and/or tax decisions.