Summary
If you make $60,804 a year living in the region of Alberta, Canada, you will be taxed $18,752. That means that your net pay will be $42,052 per year, or $3,504 per month. Your average tax rate is 30.8% and your marginal tax rate is 34.8%. 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 $34.76, hence, your net pay will only increase by $65.24.
Bonus Example
A $1,000 bonus will generate an extra $652 of net incomes. A $5,000 bonus will generate an extra $3,262 of net incomes.