Lethbridge, Alberta Accounting Firm | Federal and Alberta tax rates Page

Federal and Alberta 2020 and 2019 Personal Marginal Income Tax Rates

Combined Federal & Alberta Tax Brackets and Tax Rates
2020 Taxable Income	2020 Marginal Tax Rates				2019 Taxable Income	2019 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
	Other Income	Capital Gains	Eligible	Non-Eligible		Other Income	Capital Gains	Eligible	Non-Eligible
first $48,535	25.0%	12.50%	-0.03%	15.86%	first $47,630	25.0%	12.50%	-0.03%	15.86%
over $48,535 up to $97,069	30.5%	15.25%	7.56%	22.18%	over $47,630 up to $95,259	30.5%	15.25%	7.56%	22.18%
over $97,069 up to $131,220	36.0%	18.00%	15.15%	28.51%	over $95,259 up to $131,220	36.0%	18.00%	15.15%	28.51%
over $131,220 up to $150,473	38.0%	19.00%	17.91%	30.81%	over $131,220 up to $147,667	38.0%	19.00%	17.91%	30.81%
over $150,473 up to $157,464	41.0%	20.50%	22.05%	34.26%	over $147,667 up to $157,464	41.0%	20.50%	22.05%	34.26%
over $157,464 up to $209,952	42.0%	21.00%	23.43%	35.41%	over $157,464 up to $209,952	42.0%	21.00%	23.43%	35.41%
over $209,952 up to $214,368	43.0%	21.50%	24.81%	36.56%	over $209,952 up to $210,371	43.0%	21.50%	24.81%	36.56%
over $214,368 up to $314,928	47.0%	23.50%	30.33%	41.16%	over $210,371 up to $314,928	47.0%	23.50%	30.33%	41.16%
over $314,928	48.0%	24.00%	31.71%	42.31%	over $314,928	48.0%	24.00%	31.71%	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%. For more information see Alberta dividend tax credits.
Alberta Basic Personal Amount
2020	2020				2019	2019 Tax Rate
$19,369	10%				$19,369	10%
Federal Basic Personal Amount
2020	2020				2019 Personal Amount	2019 Tax Rate
$12,298	15%				$12,069	15%

Federal and Alberta 2019 Corporate Marginal Income Tax Rates

2019 Corporate Income Tax Rates
	Active Business Income			Investment Income CCPC
	General	Small Business (CCPC)	Business Limit	Investment Income CCPC
Federal (3)	15%	9%	$500,000	38.7%
Alberta (8)	12% / 11%	2%	$500,000	12%

Federal and Alberta tax rates

Federal and Alberta tax rates

Federal and Alberta 2020 and 2019 Personal Marginal Income Tax Rates

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