Use this calculator to estimate the taxes
you owe based on your taxable income.
Alberta
Taxable income
55,000
Taxable Income
Enter the taxable income amount from line 260 of your personal income tax return.
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%
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
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.
Disclaimer
Tax Calculator
Use this calculator to estimate the taxes you owe based on your taxable income.
Where do you live?
Alberta
Your taxable income:
$50,000
Marginal tax rate:
32.00%
Taxes Payable:
$10,950
Net Income:
$44,050
Taxable Income:
$55,000
Avg Tax Rate
Marginal Tax Rates
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.