2022 Alberta Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$123,000.00
Salary
$123,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$35,116.83
Federal Tax
$20,746.44
Provincial Tax
$9,917.85
CPP Contributions
$3,499.80
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$952.74
Net Pay
$87,883.17
Marginal Tax Rate
36%
Average Tax Rate
24.93%
Comprehensive Deduction Rate
28.55%
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
$2,926.40
Federal Tax
$1,728.87
Provincial Tax
$826.49
CPP Contributions
$291.65
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$79.40
Net Pay
$7,323.60
Marginal Tax Rate
36%
Average Tax Rate
24.93%
Comprehensive Deduction Rate
28.55%
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
$1,350.65
Federal Tax
$797.94
Provincial Tax
$381.46
CPP Contributions
$134.61
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$36.64
Net Pay
$3,380.12
Marginal Tax Rate
36%
Average Tax Rate
24.93%
Comprehensive Deduction Rate
28.55%
Weekly Salary
Total Income
$2,365.38
Salary
$2,365.38
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$675.32
Federal Tax
$398.97
Provincial Tax
$190.73
CPP Contributions
$67.30
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$18.32
Net Pay
$1,690.06
Marginal Tax Rate
36%
Average Tax Rate
24.93%
Comprehensive Deduction Rate
28.55%
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
$135.06
Federal Tax
$79.79
Provincial Tax
$38.15
CPP Contributions
$13.46
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.66
Net Pay
$338.01
Marginal Tax Rate
36%
Average Tax Rate
24.93%
Comprehensive Deduction Rate
28.55%
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
$18.01
Federal Tax
$10.64
Provincial Tax
$5.09
CPP Contributions
$1.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.49
Net Pay
$45.07
Marginal Tax Rate
36%
Average Tax Rate
24.93%
Comprehensive Deduction Rate
28.55%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
Federal Tax Bracket | Federal Tax Rates |
---|---|
$50,197.00 or less | 15% |
$50,197.00 - $100,391.99 | 20.5% |
$100,392.00 - $155,624.99 | 26% |
$155,625.00 - $221,707.99 | 29% |
More than $221,708.00 | 33% |
Alberta Tax Bracket | Alberta Tax Rates |
---|---|
$131,220.00 or less | 10% |
$131,220.00 - $157,463.99 | 12% |
$157,464.00 - $209,951.99 | 13% |
$209,952.00 - $314,927.99 | 14% |
More than $314,928.00 | 15% |
Annual Income Tax by Province/Territory
Total Income
$123,000.00
Total Deductions
$32,066.40
Net Pay
$90,933.60
Average Tax Rate
22.45%
Comprehensive Deduction Rate
26.07%
Total Income
$123,000.00
Total Deductions
$34,104.18
Net Pay
$88,895.82
Average Tax Rate
24.11%
Comprehensive Deduction Rate
27.73%
Total Income
$123,000.00
Total Deductions
$34,268.80
Net Pay
$88,731.20
Average Tax Rate
24.24%
Comprehensive Deduction Rate
27.86%
Total Income
$123,000.00
Total Deductions
$34,520.35
Net Pay
$88,479.65
Average Tax Rate
24.45%
Comprehensive Deduction Rate
28.07%
Total Income
$123,000.00
Total Deductions
$35,116.83
Net Pay
$87,883.17
Average Tax Rate
24.93%
Comprehensive Deduction Rate
28.55%
Total Income
$123,000.00
Total Deductions
$36,980.57
Net Pay
$86,019.43
Average Tax Rate
26.45%
Comprehensive Deduction Rate
30.07%
Total Income
$123,000.00
Total Deductions
$37,426.88
Net Pay
$85,573.12
Average Tax Rate
26.81%
Comprehensive Deduction Rate
30.43%
Total Income
$123,000.00
Total Deductions
$40,039.36
Net Pay
$82,960.64
Average Tax Rate
28.93%
Comprehensive Deduction Rate
32.55%
Total Income
$123,000.00
Total Deductions
$40,104.75
Net Pay
$82,895.25
Average Tax Rate
28.99%
Comprehensive Deduction Rate
32.61%
Total Income
$123,000.00
Total Deductions
$40,892.45
Net Pay
$82,107.55
Average Tax Rate
29.63%
Comprehensive Deduction Rate
33.25%
Total Income
$123,000.00
Total Deductions
$41,403.95
Net Pay
$81,596.05
Average Tax Rate
30.04%
Comprehensive Deduction Rate
33.66%
Total Income
$123,000.00
Total Deductions
$41,974.12
Net Pay
$81,025.88
Average Tax Rate
30.51%
Comprehensive Deduction Rate
34.13%
Total Income
$123,000.00
Total Deductions
$43,141.38
Net Pay
$79,858.62
Average Tax Rate
31.06%
Comprehensive Deduction Rate
35.07%
Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
---|---|---|---|---|---|
Nunavut | $123,000.00 | $32,066.40 | $90,933.60 | 22.45% | 26.07% |
Yukon | $123,000.00 | $34,104.18 | $88,895.82 | 24.11% | 27.73% |
British Columbia | $123,000.00 | $34,268.80 | $88,731.20 | 24.24% | 27.86% |
Northwest Territories | $123,000.00 | $34,520.35 | $88,479.65 | 24.45% | 28.07% |
Alberta | $123,000.00 | $35,116.83 | $87,883.17 | 24.93% | 28.55% |
Ontario | $123,000.00 | $36,980.57 | $86,019.43 | 26.45% | 30.07% |
Saskatchewan | $123,000.00 | $37,426.88 | $85,573.12 | 26.81% | 30.43% |
New Brunswick | $123,000.00 | $40,039.36 | $82,960.64 | 28.93% | 32.55% |
Newfoundland and Labrador | $123,000.00 | $40,104.75 | $82,895.25 | 28.99% | 32.61% |
Manitoba | $123,000.00 | $40,892.45 | $82,107.55 | 29.63% | 33.25% |
Prince Edward Island | $123,000.00 | $41,403.95 | $81,596.05 | 30.04% | 33.66% |
Nova Scotia | $123,000.00 | $41,974.12 | $81,025.88 | 30.51% | 34.13% |
Quebec | $123,000.00 | $43,141.38 | $79,858.62 | 31.06% | 35.07% |
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.
Are you looking to relocate to Alberta or just browsing through cities within the province/territory?
Check out our Alberta demographics page for more information.