Tax Calculator

Use this calculator to estimate the taxes you owe based on your taxable income.
Alberta
Taxable income (maximum value $1,000,000)
100,000
Info
X
Contribution Amount
Enter 3 RRSP contribution amounts to compare the tax savings and after-tax amount for each contribution.
Marginal tax rate
32.00%
Results

Taxes Payable: $10,950
Net Income: $44,050
Taxable Income: $55,000
Avg Tax Rate Marginal Tax Rates
Avg Tax
Rate
Interest/
Salary
Capital
Gains
Eligible
Dividends

 
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Assumptions
Calculations use marginal tax rates as of January 2019. Rates take all federal and provincial taxes and surtaxes into account and the basic personal tax credit. The Average Tax Rate is calculated by dividing the Taxes Payable amount by the Taxable Income amount. For all capital gains, regardless of amount, the marginal tax rate displayed reflects a 50% capital gain inclusion rate and ignores the 67.67% for any capital gains above $250,000.

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