Summary
If you make $49,932 a year living in the region of Alberta, Canada, you will be taxed $14,867. That means that your net pay will be $35,065 per year, or $2,922 per month. Your average tax rate is 29.8% and your marginal tax rate is 32.2%. 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 $32.15, hence, your net pay will only increase by $67.85.
Bonus Example
A $1,000 bonus will generate an extra $679 of net incomes. A $5,000 bonus will generate an extra $3,393 of net incomes.