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2024 Alberta Income Tax Calculator

Calculate your take-home pay after tax.

Yearly Salary
Total Income $122,000.00
Salary $122,000.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $34,003.36
Federal Tax $19,332.49
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 $87,996.64

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 $7,333.05

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%

Annual Income Tax by Province/Territory

Total Income $122,000.00
Total Deductions $30,759.33
Net Pay $91,240.67
Average Tax Rate 21.03%
Comprehensive Deduction Rate 25.21%
Total Income $122,000.00
Total Deductions $32,649.06
Net Pay $89,350.94
Average Tax Rate 22.58%
Comprehensive Deduction Rate 26.76%
Total Income $122,000.00
Total Deductions $32,778.32
Net Pay $89,221.68
Average Tax Rate 22.68%
Comprehensive Deduction Rate 26.87%
Total Income $122,000.00
Total Deductions $33,024.40
Net Pay $88,975.60
Average Tax Rate 22.89%
Comprehensive Deduction Rate 27.07%
Total Income $122,000.00
Total Deductions $34,003.36
Net Pay $87,996.64
Average Tax Rate 23.69%
Comprehensive Deduction Rate 27.87%
Total Income $122,000.00
Total Deductions $34,913.46
Net Pay $87,086.54
Average Tax Rate 24.43%
Comprehensive Deduction Rate 28.62%
Total Income $122,000.00
Total Deductions $36,237.03
Net Pay $85,762.97
Average Tax Rate 25.52%
Comprehensive Deduction Rate 29.7%
Total Income $122,000.00
Total Deductions $37,913.00
Net Pay $84,087.00
Average Tax Rate 26.89%
Comprehensive Deduction Rate 31.08%
Total Income $122,000.00
Total Deductions $38,016.43
Net Pay $83,983.57
Average Tax Rate 26.98%
Comprehensive Deduction Rate 31.16%
Total Income $122,000.00
Total Deductions $38,755.57
Net Pay $83,244.43
Average Tax Rate 27.58%
Comprehensive Deduction Rate 31.77%
Total Income $122,000.00
Total Deductions $39,978.76
Net Pay $82,021.24
Average Tax Rate 28.59%
Comprehensive Deduction Rate 32.77%
Total Income $122,000.00
Total Deductions $40,238.08
Net Pay $81,761.92
Average Tax Rate 28.35%
Comprehensive Deduction Rate 32.98%
Total Income $122,000.00
Total Deductions $41,037.25
Net Pay $80,962.75
Average Tax Rate 29.45%
Comprehensive Deduction Rate 33.64%
Region Total Income Total Deductions Net Pay Average Tax Rate Comprehensive Deduction Rate
Nunavut $122,000.00 $30,759.33 $91,240.67 21.03% 25.21%
British Columbia $122,000.00 $32,649.06 $89,350.94 22.58% 26.76%
Yukon $122,000.00 $32,778.32 $89,221.68 22.68% 26.87%
Northwest Territories $122,000.00 $33,024.40 $88,975.60 22.89% 27.07%
Alberta $122,000.00 $34,003.36 $87,996.64 23.69% 27.87%
Ontario $122,000.00 $34,913.46 $87,086.54 24.43% 28.62%
Saskatchewan $122,000.00 $36,237.03 $85,762.97 25.52% 29.7%
Manitoba $122,000.00 $37,913.00 $84,087.00 26.89% 31.08%
New Brunswick $122,000.00 $38,016.43 $83,983.57 26.98% 31.16%
Newfoundland and Labrador $122,000.00 $38,755.57 $83,244.43 27.58% 31.77%
Prince Edward Island $122,000.00 $39,978.76 $82,021.24 28.59% 32.77%
Quebec $122,000.00 $40,238.08 $81,761.92 28.35% 32.98%
Nova Scotia $122,000.00 $41,037.25 $80,962.75 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.