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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