Alberta Tax Rates | |||
2024 Taxable Income | 2024 Tax Rates | 2023 Taxable Income | 2023 Tax Rates |
first $148,269 | 10% | first $142,292 | 10% |
over $148,269 up to $177,922 | 12% | over $142,292 up to $170,751 | 12% |
over $177,922 up to $237,230 | 13% | over $170,751 up to $227,668 | 13% |
over $237,230 up to $355,845 | 14% | over $227,668 up to $341,502 | 14% |
over $355,845 | 15% | over $341,502 | 15% |
Combined Federal & Alberta Tax Brackets and Tax Rates | |||||||||
2024 Taxable Income | AB 2024 Marginal Tax Rates | 2023 Taxable Income | AB 2023 Marginal Tax Rates | ||||||
Other Income |
Capital Gains |
Canadian Dividends | Other Income |
Capital Gains |
Canadian Dividends | ||||
Eligible | Non-Eligible | Eligible | Non-Eligible | ||||||
first $55,867 | 25.00% | 12.50% | 2.57% | 15.86% | first $53,359 | 25.00% | 12.50% | 2.57% | 15.86% |
over $55,867 up to $111,733 | 30.50% | 15.25% | 10.16% | 22.18% | over $53,359 up to $106,717 | 30.50% | 15.25% | 10.16% | 22.18% |
over $111,733 up to $148,269 | 36.00% | 18.00% | 17.75% | 28.51% | over $106,717 up to $142,292 | 36.00% | 18.00% | 17.75% | 28.51% |
over $148,269 up to $173,205 | 38.00% | 19.00% | 20.51% | 30.81% | over $142,292 up to $165,430 | 38.00% | 19.00% | 20.51% | 30.81% |
over $173,205 up to $177,922 | 41.32% | 20.66% | 25.09% | 34.63% | over $165,430 up to $170,751 | 41.32% | 20.66% | 25.09% | 34.63% |
over $177,922 up to $237,230 | 42.32% | 21.16% | 26.47% | 35.78% | over $170,751 up to $227,668 | 42.32% | 21.16% | 26.47% | 35.78% |
over $237,230 up to $246,752 | 43.32% | 21.66% | 27.85% | 36.93% | over $227,668 up to $235,675 | 43.32% | 21.66% | 27.85% | 36.93% |
over $246,752 up to $355,845 | 47.00% | 23.50% | 32.93% | 41.16% | over $235,675 up to $341,502 | 47.00% | 23.50% | 32.93% | 41.16% |
over $355,845 | 48.00% | 24.00% | 34.31% | 42.31% | over $341,502 | 48.00% | 24.00% | 34.31% | 42.31% |
Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up taxable amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains). Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%. |
Alberta Basic Personal Amount | |||||||||
2024 Personal Amount | 2024 Tax Rate | 2023 Personal Amount | 2023 Tax Rate | ||||||
$21,885 | 10% | $21,003 | 10% |
Federal Basic Personal Amount | |||||||||
2024 Personal Amount Minimum / Maximum | 2024 Tax Rate | 2023 Personal Amount Minimum / Maximum | 2023 Tax Rate | ||||||
$14,156 | $15,705 | 15% | $13,520 | $15,000 | 15% |