Summary
If you make $49,957 a year living in the region of Alberta, Canada, you will be taxed $14,874. That means that your net pay will be $35,083 per year, or $2,924 per month. Your average tax rate is 29.8% and your marginal tax rate is 33.5%. 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 $33.47, hence, your net pay will only increase by $66.53.
Bonus Example
A $1,000 bonus will generate an extra $665 of net incomes. A $5,000 bonus will generate an extra $3,327 of net incomes.