Summary
If you make $139,980 a year living in the region of Alberta, Canada, you will be taxed $45,433. That means that your net pay will be $94,547 per year, or $7,879 per month. Your average tax rate is 32.5% and your marginal tax rate is 38.0%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $37.95, hence, your net pay will only increase by $62.05.
Bonus Example
A $1,000 bonus will generate an extra $621 of net incomes. A $5,000 bonus will generate an extra $3,103 of net incomes.