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2022 Tax Brackets, Rates & Exemptions
Alberta Personal Tax, 2022Print Version (PDF)
Other Years: 2024, 2023
| Income | |
|---|---|
| Brackets | |
| $ From | $ To |
| 0 | 50,197 |
| 50,197 | 100,392 |
| 100,392 | 131,220 |
| 131,221 | 155,625 |
| 155,625 | 157,464 |
| 157,465 | 209,952 |
| 209,953 | 221,708 |
| 221,708 | 314,928 |
| over | 314,928 |
| Marginal Tax Rates (%) | |||||
|---|---|---|---|---|---|
| Regular Income | Capital | Dividends | |||
| Federal | Alberta | Combined | Gains | Eligible | Non-Eligible |
| 15.00 | 10 | 25.00 | 12.50 | 2.57 | 15.86 |
| 20.50 | 10 | 30.50 | 15.25 | 10.16 | 22.18 |
| 26.00 | 10 | 36.00 | 18.00 | 17.75 | 28.51 |
| 26.00 | 12 | 38.00 | 19.00 | 20.51 | 30.81 |
| 29.38 | 12 | 41.38 | 20.69 | 25.17 | 34.70 |
| 29.38 | 13 | 42.38 | 21.19 | 26.55 | 35.85 |
| 29.38 | 14 | 43.38 | 21.69 | 27.93 | 37.00 |
| 33.00 | 14 | 47.00 | 23.50 | 32.93 | 41.16 |
| 33.00 | 15 | 48.00 | 24.00 | 34.31 | 42.31 |
Exemptions
| Federal | Alberta | |
|---|---|---|
| Non-Refundable Tax Credits | ||
| 14,398 | 19,369 | Basic exemption |
| 14,398 | 19,369 | Spousal & eligible dependent exemption (less their income) |
| 7,898 | 5,397 | Age exemption |
| Age credit elimination | ||
| 39,826 | 40,179 | Age exemption reducing by 15% of income greater than this amount |
| 92,479 | 76,159 | Age exemption is eliminated |
| Old Age Security (OAS) | ||
| 7,707 | Max OAS (Seniors 75+ receive a 10% increase) | |
| 81,761 | OAS claw back starts at 15% of income greater than this amount | |
| 133,141 | OAS is eliminated (assumes max OAS at 65 years old) | |
| Payroll deductions | ||
| 3,499.80 | CPP - employee @ 5.70% to max of $64,900 | |
| 6,999.60 | CPP - self employed | |
| 952.74 | EI - Employee share @ 1.58% on $60,300 max earnings | |
| Lifetime Capital Gains Exemption | ||
| 1,000,000 | Lifetime capital gains - Farmers | |
| 913,630 | Lifetime capital gains - Small business shares | |
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