Alberta Tax on $50,040.00 Salary
Updated for the 2019 / 2020 tax year, This illustration provides a tax return / tax refund calculation for a Canadian resident, living in Alberta earning $50,040.00 per annum.
You can alter and edit this tax calculation to suit your personal salary and circumstances using our the salary calculator for Canadian income tax.
| $50,040.00: Federal and Alberta Provincial Tax Calculation for 2016/2017 Tax Year | ||
|---|---|---|
| Gross Income for Tax Purposes | $50,040.00 | |
| - | Total Payroll Deductions | $0.00 |
| - | Federal Tax Due | $6,117.96 |
| - | Alberta Tax Due | $3,158.90 |
| = | Take Home Pay 2016 | $40,763.14 |
Detailed Tax Calculation for $50,040.00 Annual Salary in Alberta
| $50,040.00: Total Payroll Deductions for 2016 | ||
|---|---|---|
| RRSP | $0.00 | |
| + | Alimony | $ |
| + | Union Dues | $ |
| + | Child Care Expenses | $ |
| = | Total Payroll Deductions | $0.00 |
| $50,040.00: Total Tax Due for 2016 | ||
|---|---|---|
| Federal Income Tax 2016 | $6,117.96 | |
| + | Provincial Income Tax 2016 | $3,158.90 |
| = | Tax Due | $9,276.86 |
| $50,040.00: Alberta Provincial Tax Calculation 2016 | ||||||
|---|---|---|---|---|---|---|
| Earning Bracket | Tax Rate | x | Taxable Earnings This Bracket | = | Tax Due | |
| $0.00 to $125,000.00 | 10% | x | $50,040.00 | = | $5,004.00 | |
| = | Sub total Tax Due | $5,004.00 | ||||
| - | Personal Amount 2016 ($18,451.00) | 10% | x | $18,451.00 | = | $1,845.10 |
| = | Alberta Province Tax Due 2016 | $3,158.90 | ||||
| $50,040.00: Federal Tax Calculation 2016 | ||||||
|---|---|---|---|---|---|---|
| Earning Bracket | Tax Rate | x | Taxable Earnings This Bracket | = | Tax Due | |
| $0.00 to $45,282.00 | 15% | x | $45,282.00 | = | $6,792.30 | |
| + | $45,282.00 to $90,563.00 | 22% | x | $4,758.00 | = | $1,046.76 |
| = | Sub total Tax Due | $7,839.06 | ||||
| - | Personal Amount 2016 ($11,474.00) | 15% | x | $11,474.00 | = | $1,721.10 |
| = | Federal Tax Due 2016 | $6,117.96 | ||||
Did you know you can leave feedback, request new calculator features and get advice and support from our community on our forums? Join us now.
iCalculator Canada Income Tax Salary Calculator updated 2019 / 2020 tax year. Income Tax calculations, NIS and NHT factoring for 2019 / 2020 with historical pay figures on average earnings in Canada for each market sector and location. Salary calculations include gross annual income, tax deductible elements such as NHT, NIS, education tax and include age related tax allowances.
iCalculator also provides historical Canadian earning figures so individual employees and employers can review how much tax has been paid in previous tax years or you can use the salary calculator 2019 / 2020 to see home much your take home salary will be in 2019.
Popular Canada Tax & Finance Guides and Calculators
People who read 'Canada Tax Calculator: Alberta tax example $50,040.00 salary' also viewed the following finance guides and tax calculators:
- Saskatchewan Tax Calculator
- Schedule 2: Provincial Amounts Transferred From Your Spouse or Common-Law Partner
- Capital Asset
- Interest
- Annual Tax Calculator 2019/20
- Alberta Tax Calculator
- Schedule 2: Provincial Amounts Transferred From Your Spouse or Common-Law Partner
- Union Dues
- Schedule 11: Tuition and Education Amounts
- Newfoundland and Labrador Tax Calculator
Canada Tax Calculators & Guides
- Annual Tax Calculator 2019/20
- Monthly Tax Calculator
- Four Weekly Tax Calculator
- Fortnightly Tax Calculator
- Weekly Tax Calculator
- Daily Tax Calculator
- Hourly Tax Calculator
- Canada Capital Gains Tax Calculator
- Federal & Province Tax Calculator 2019/20
- Registered Retirement Savings Plan
- Eligible Dividends
- Canada Pension Plan
- Lifetime Capital Gains Exemption
- Alberta Tax Calculator
- British Columbia Tax Calculator
- Manitoba Tax Calculator
- New Brunswick Tax Calculator
- Newfoundland and Labrador Tax Calculator
- Northwest Territories Tax Calculator
- Nova Scotia Tax Calculator
- Nunavut Tax Calculator
- Ontario Tax Calculator
- Prince Edward Island Tax Calculator
- Quebec Tax Calculator
- Saskatchewan Tax Calculator
- Yukon Tax Calculator