2024 Alberta Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$124,000.00
Salary
$124,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$34,723.36
Federal Tax
$19,852.49
Provincial Tax
$9,766.25
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$89,276.64
Marginal Tax Rate
36%
Average Tax Rate
23.89%
Comprehensive Deduction Rate
28%
Monthly Salary
Total Income
$10,333.33
Salary
$10,333.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,893.61
Federal Tax
$1,654.37
Provincial Tax
$813.85
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$7,439.72
Marginal Tax Rate
36%
Average Tax Rate
23.89%
Comprehensive Deduction Rate
28%
Biweekly Salary
Total Income
$4,769.23
Salary
$4,769.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,335.51
Federal Tax
$763.56
Provincial Tax
$375.63
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$3,433.72
Marginal Tax Rate
36%
Average Tax Rate
23.89%
Comprehensive Deduction Rate
28%
Weekly Salary
Total Income
$2,384.62
Salary
$2,384.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$667.76
Federal Tax
$381.78
Provincial Tax
$187.81
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,716.86
Marginal Tax Rate
36%
Average Tax Rate
23.89%
Comprehensive Deduction Rate
28%
Daily Salary
Total Income
$476.92
Salary
$476.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$133.55
Federal Tax
$76.36
Provincial Tax
$37.56
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$343.37
Marginal Tax Rate
36%
Average Tax Rate
23.89%
Comprehensive Deduction Rate
28%
Hourly Salary
Total Income
$63.59
Salary
$63.59
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17.81
Federal Tax
$10.18
Provincial Tax
$5.01
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$45.78
Marginal Tax Rate
36%
Average Tax Rate
23.89%
Comprehensive Deduction Rate
28%
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 annual salaries
Annual Income Tax by Province/Territory
Total Income
$124,000.00
Total Deductions
$31,459.33
Net Pay
$92,540.67
Average Tax Rate
21.25%
Comprehensive Deduction Rate
25.37%
Total Income
$124,000.00
Total Deductions
$33,414.86
Net Pay
$90,585.14
Average Tax Rate
22.83%
Comprehensive Deduction Rate
26.95%
Total Income
$124,000.00
Total Deductions
$33,516.32
Net Pay
$90,483.68
Average Tax Rate
22.91%
Comprehensive Deduction Rate
27.03%
Total Income
$124,000.00
Total Deductions
$33,788.40
Net Pay
$90,211.60
Average Tax Rate
23.13%
Comprehensive Deduction Rate
27.25%
Total Income
$124,000.00
Total Deductions
$34,723.36
Net Pay
$89,276.64
Average Tax Rate
23.89%
Comprehensive Deduction Rate
28%
Total Income
$124,000.00
Total Deductions
$35,781.65
Net Pay
$88,218.35
Average Tax Rate
24.74%
Comprehensive Deduction Rate
28.86%
Total Income
$124,000.00
Total Deductions
$37,007.03
Net Pay
$86,992.97
Average Tax Rate
25.73%
Comprehensive Deduction Rate
29.84%
Total Income
$124,000.00
Total Deductions
$38,781.00
Net Pay
$85,219.00
Average Tax Rate
27.16%
Comprehensive Deduction Rate
31.28%
Total Income
$124,000.00
Total Deductions
$38,856.43
Net Pay
$85,143.57
Average Tax Rate
27.22%
Comprehensive Deduction Rate
31.34%
Total Income
$124,000.00
Total Deductions
$39,591.57
Net Pay
$84,408.43
Average Tax Rate
27.81%
Comprehensive Deduction Rate
31.93%
Total Income
$124,000.00
Total Deductions
$40,858.76
Net Pay
$83,141.24
Average Tax Rate
28.83%
Comprehensive Deduction Rate
32.95%
Total Income
$124,000.00
Total Deductions
$41,152.28
Net Pay
$82,847.72
Average Tax Rate
28.63%
Comprehensive Deduction Rate
33.19%
Total Income
$124,000.00
Total Deductions
$41,907.25
Net Pay
$82,092.75
Average Tax Rate
29.68%
Comprehensive Deduction Rate
33.8%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $124,000.00 | $31,459.33 | $92,540.67 | 21.25% | 25.37% |
| British Columbia | $124,000.00 | $33,414.86 | $90,585.14 | 22.83% | 26.95% |
| Yukon | $124,000.00 | $33,516.32 | $90,483.68 | 22.91% | 27.03% |
| Northwest Territories | $124,000.00 | $33,788.40 | $90,211.60 | 23.13% | 27.25% |
| Alberta | $124,000.00 | $34,723.36 | $89,276.64 | 23.89% | 28% |
| Ontario | $124,000.00 | $35,781.65 | $88,218.35 | 24.74% | 28.86% |
| Saskatchewan | $124,000.00 | $37,007.03 | $86,992.97 | 25.73% | 29.84% |
| Manitoba | $124,000.00 | $38,781.00 | $85,219.00 | 27.16% | 31.28% |
| New Brunswick | $124,000.00 | $38,856.43 | $85,143.57 | 27.22% | 31.34% |
| Newfoundland and Labrador | $124,000.00 | $39,591.57 | $84,408.43 | 27.81% | 31.93% |
| Prince Edward Island | $124,000.00 | $40,858.76 | $83,141.24 | 28.83% | 32.95% |
| Quebec | $124,000.00 | $41,152.28 | $82,847.72 | 28.63% | 33.19% |
| Nova Scotia | $124,000.00 | $41,907.25 | $82,092.75 | 29.68% | 33.8% |
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.
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