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Tax Brackets 2024

Which tax bracket do you fall into? This table with the 2024 tax rates helps you understand.

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Taxable RevenueFederal TaxFederal Marginal RateQuebec TaxQuebec Marginal RateCombined TaxCombined Marginal RateEffective Rate
15,705
18,05629412.53%14.00%29426.53%1.63%
20,00053812.53%27214.00%81026.53%4.05%
30,0001,79012.53%1,67214.00%3,46226.53%11.54%
40,0003,04312.53%3,07214.00%6,11526.53%15.29%
51,7804,51812.53%4,72119.00%9,23931.53%17.84%
55,8675,03017.12%5,49819.00%10,52836.12%18.84%
60,0005,73817.12%6,28319.00%12,02136.12%20.04%
70,0007,45017.12%8,18319.00%15,63336.12%22.33%
80,0009,16117.12%10,08319.00%19,24436.12%24.06%
100,00012,58517.12%13,88319.00%26,46836.12%26.47%
103,54513,19217.12%14,55724.00%27,74941.12%26.80%
111,73314,29321.71%16,52224.00%30,81545.71%27.58%
120,00016,38821.71%18,50624.00%34,89445.71%29.08%
126,00017,69121.71%19,94625.75%37,63747.46%29.87%
150,00022,90121.71%26,12625.75%49,02747.46%32.68%
173,20527,93924.48%32,10125.75%60,04050.23%34.66%
180,00029,60224.48%33,85125.75%63,45350.23%35.25%
200,00034,49824.48%39,00125.75%73,49950.23%36.75%
246,75245,94227.56%51,04025.75%96,98253.31%39.30%
500,000115,72527.56%116,25125.75%231,97653.31%46.40%
1,000,000253,50027.56%245,00125.75%498,50153.31%49.85%