Skip to content

Federal and Alberta tax rates

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

Eligible

Non-Eligible

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

Federal  (3)

15%

9%

$500,000

38.7%

Alberta  (8)

12% / 11%

2%

$500,000

12%

We take care of your books for you, so you can get back to the job of running your business and generating profits.
Learn More...
We offer payroll solutions that meet your business's needs and enable you to spend time doing what you do best--running your company.
Learn More...
We offer a variety of services to help make sure that you are taking full advantage of Quickbooks' many features.
Learn more...
We're here to help you resolve your tax problems and put an end to the misery that the IRS can put you through.
Learn More...
We offer one-on-one guidance and a comprehensive financial plan that helps manage risk, improve performance, and ensure the growth and longevity of your wealth.
Learn More...

© Don G. O'Brien Professional Corporation 2021