IMPORTANT: This tax calculator is used for income tax estimation. Please use Intuit TurboTax if you want to fill your tax return and get tax rebate for previous year. It is free for simple tax returns or gives you 10% discount for more complicated tax returns.
Alberta provincial income tax rates 2020
In 2020 base amount $19,369 is the same as it was in 2019.
from $0 to $131,220
from $131,221 to $157,464
from $157,465 to $209,952
from $209,953 to $314,928
from $314,928 to $0
Federal income tax rates in Canada for 2020
In 2020 Canadian federal income tax brackets and base amount were increased by 1.9%.
Federal personal base amount is $13,229.
0 – $48,536
$48,536 – $97,069
$5,295.90 + 20.50% for income over $48,536
$97,069 – $150,473
$15,245.37 + 26.00% for income over $97,069
$150,473 – $214,368
$29,130.41 + 29.00% for income over $150,473
$47,659.96 + 33.00% for income of $214,368 and over
Historical Alberta tax brackets are listed here and historical federal tax brackets and rates can be found here.
Canada Revenue Agency (CRA) says the 10 per cent of Canadians file their income taxes on paper and their should expect "significant delays" because of COVID-19 measures. CRA is experiencing delays in processing paper income tax and benefit returns and requests to change returns. So it is much better to ... Read More
Simple tax calculator published on this site can be used to calculate approximate taxes you need to pay, but you must use certified software to file your tax return to Canada Revenue Agency (CRA). NETFILE is an electronic tax-filing service that allows you to send your individual income tax and ... Read More
In order to provide greater flexibility to Canadians during the coronavirus (COVID-19) outbreak, the Canada Revenue Agency (CRA) deferred the deadline for individuals to file income taxes and has been extended it from April 30, 2020 to June 1, 2020 giving people an extra month to file their returns to ... Read More