2024 Alberta Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$123,000.02
Salary
$123,000.02
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$34,363.37
Federal Tax
$19,592.50
Provincial Tax
$9,666.25
CPP Contributions
$4,055.50
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$1,049.12
Net Pay
$88,636.65
Marginal Tax Rate
36%
Average Tax Rate
23.79%
Comprehensive Deduction Rate
27.94%
Monthly Salary
Total Income
$10,250.00
Salary
$10,250.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,863.61
Federal Tax
$1,632.71
Provincial Tax
$805.52
CPP Contributions
$337.96
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$87.43
Net Pay
$7,386.39
Marginal Tax Rate
36%
Average Tax Rate
23.79%
Comprehensive Deduction Rate
27.94%
Biweekly Salary
Total Income
$4,730.77
Salary
$4,730.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,321.67
Federal Tax
$753.56
Provincial Tax
$371.78
CPP Contributions
$155.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$40.35
Net Pay
$3,409.10
Marginal Tax Rate
36%
Average Tax Rate
23.79%
Comprehensive Deduction Rate
27.94%
Weekly Salary
Total Income
$2,365.39
Salary
$2,365.39
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$660.83
Federal Tax
$376.78
Provincial Tax
$185.89
CPP Contributions
$77.99
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$20.18
Net Pay
$1,704.55
Marginal Tax Rate
36%
Average Tax Rate
23.79%
Comprehensive Deduction Rate
27.94%
Daily Salary
Total Income
$473.08
Salary
$473.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$132.17
Federal Tax
$75.36
Provincial Tax
$37.18
CPP Contributions
$15.60
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$4.04
Net Pay
$340.91
Marginal Tax Rate
36%
Average Tax Rate
23.79%
Comprehensive Deduction Rate
27.94%
Hourly Salary
Total Income
$63.08
Salary
$63.08
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$17.62
Federal Tax
$10.05
Provincial Tax
$4.96
CPP Contributions
$2.08
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.54
Net Pay
$45.45
Marginal Tax Rate
36%
Average Tax Rate
23.79%
Comprehensive Deduction Rate
27.94%
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
$123,000.02
Total Deductions
$31,109.34
Net Pay
$91,890.68
Average Tax Rate
21.14%
Comprehensive Deduction Rate
25.29%
Total Income
$123,000.02
Total Deductions
$33,031.97
Net Pay
$89,968.05
Average Tax Rate
22.71%
Comprehensive Deduction Rate
26.86%
Total Income
$123,000.02
Total Deductions
$33,147.33
Net Pay
$89,852.69
Average Tax Rate
22.8%
Comprehensive Deduction Rate
26.95%
Total Income
$123,000.02
Total Deductions
$33,406.41
Net Pay
$89,593.61
Average Tax Rate
23.01%
Comprehensive Deduction Rate
27.16%
Total Income
$123,000.02
Total Deductions
$34,363.37
Net Pay
$88,636.65
Average Tax Rate
23.79%
Comprehensive Deduction Rate
27.94%
Total Income
$123,000.02
Total Deductions
$35,347.57
Net Pay
$87,652.45
Average Tax Rate
24.59%
Comprehensive Deduction Rate
28.74%
Total Income
$123,000.02
Total Deductions
$36,622.04
Net Pay
$86,377.98
Average Tax Rate
25.62%
Comprehensive Deduction Rate
29.77%
Total Income
$123,000.02
Total Deductions
$38,347.01
Net Pay
$84,653.01
Average Tax Rate
27.03%
Comprehensive Deduction Rate
31.18%
Total Income
$123,000.02
Total Deductions
$38,436.44
Net Pay
$84,563.58
Average Tax Rate
27.1%
Comprehensive Deduction Rate
31.25%
Total Income
$123,000.02
Total Deductions
$39,173.58
Net Pay
$83,826.44
Average Tax Rate
27.7%
Comprehensive Deduction Rate
31.85%
Total Income
$123,000.02
Total Deductions
$40,418.77
Net Pay
$82,581.25
Average Tax Rate
28.71%
Comprehensive Deduction Rate
32.86%
Total Income
$123,000.02
Total Deductions
$40,695.18
Net Pay
$82,304.84
Average Tax Rate
28.49%
Comprehensive Deduction Rate
33.09%
Total Income
$123,000.02
Total Deductions
$41,472.26
Net Pay
$81,527.76
Average Tax Rate
29.57%
Comprehensive Deduction Rate
33.72%
| Region | Total Income | Total Deductions | Net Pay | Average Tax Rate | Comprehensive Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $123,000.02 | $31,109.34 | $91,890.68 | 21.14% | 25.29% |
| British Columbia | $123,000.02 | $33,031.97 | $89,968.05 | 22.71% | 26.86% |
| Yukon | $123,000.02 | $33,147.33 | $89,852.69 | 22.8% | 26.95% |
| Northwest Territories | $123,000.02 | $33,406.41 | $89,593.61 | 23.01% | 27.16% |
| Alberta | $123,000.02 | $34,363.37 | $88,636.65 | 23.79% | 27.94% |
| Ontario | $123,000.02 | $35,347.57 | $87,652.45 | 24.59% | 28.74% |
| Saskatchewan | $123,000.02 | $36,622.04 | $86,377.98 | 25.62% | 29.77% |
| Manitoba | $123,000.02 | $38,347.01 | $84,653.01 | 27.03% | 31.18% |
| New Brunswick | $123,000.02 | $38,436.44 | $84,563.58 | 27.1% | 31.25% |
| Newfoundland and Labrador | $123,000.02 | $39,173.58 | $83,826.44 | 27.7% | 31.85% |
| Prince Edward Island | $123,000.02 | $40,418.77 | $82,581.25 | 28.71% | 32.86% |
| Quebec | $123,000.02 | $40,695.18 | $82,304.84 | 28.49% | 33.09% |
| Nova Scotia | $123,000.02 | $41,472.26 | $81,527.76 | 29.57% | 33.72% |
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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