Alberta Income Tax Calculator
Use our Alberta tax calculator to quickly estimate your federal and provincial taxes for the year of 2024.*
Disclaimer: The information returned on this page is only intended to give you a general overview and you should not rely on it. The actual tax amount will depend on your individual circumstances and, as such, you are responsible for ensuring its accuracy or completeness by independent verification. Rates are current as of July 30, 2024.
Understanding Alberta Tax Deadlines and Rates for 2024
Tax Filing Deadlines
In Alberta, the deadline for filing tax returns is April 30. However, you have until June 15 to file your return if you are self-employed. Filing your return after these dates may result in a late filing penalty and interest on unpaid taxes.
Retaining Tax Records
It’s recommended to keep your Alberta tax records for at least six years after you file. This helps address any questions or audits that may arise in the future.
2024 Alberta Tax Rates
The Alberta tax brackets for 2024 are as follows:
- 10% on income up to $148,269
- 12% on income from $148,269.01 to $177,922
- 13% on income from $177,922.01 to $237,230
- 14% on income from $237,230.01 to $355,845
- 15% on income over $355,845.01
Alberta's Tax Advantages
Alberta offers the highest basic personal and spousal amounts across Canadian provinces, allowing residents to earn more before paying provincial income tax. Overall, Albertans generally pay lower taxes compared to other provinces when all taxes are considered.
Alberta Child and Family Benefit (ACFB)
The ACFB provides financial support to lower-income families with children in Alberta. Benefits increase with the number of children in the family, up to a maximum of four children. Payments are made quarterly in August, November, February, and May.