Manitoba Income Tax Calculator 2020.
Income Tax Calculator
Estimate your 2020 total income taxes with only a few details about your income
Employment Income Employment income and taxable benefits.
Other Income All other incomes such as rental income, interest, EI, and CPP.
Capital Gains Capital gains are the growth in value of investments.
Eligible DividendsAn qualified dividend is a taxable dividend paid by a Canadian public company, earned by a resident Canadian citizen.
Ineligible DividendsAn qualified dividend is a taxable dividend paid by a Canadian private company, earned by a resident Canadian citizen.
Tax Year
2020
Results
Total Income
$ 50,000
Total Tax
$ 13,488.89
Income Tax
$ 10,257.64
EI Premiums
$ 790
CPP Contribution
$ 2,441.25
After-Tax Income
$ 36,511.11
Average Tax Rate
20.52%
Marginal Tax Rate
33.25%
Canada Federal and Manitoba tax brackets 2020
Your taxable income places you in the following tax brackets.
| Federal tax bracket | Federal tax rates |
|---|---|
| Less than $13,229 | 0% |
| $13,230 to $48,535 | 15% |
| $48,536 to $97,069 | 20.5% |
| $97,070 to $150,473 | 26% |
| $150,474 to $214,368 | 29% |
| More than $214,369 | 33% |
| Manitoba tax bracket | Manitoba tax rates |
|---|---|
| Less than $9,838 | 0% |
| $9,839 to $33,389 | 10.8% |
| $33,390 to $72,164 | 12.75% |
| More than $72,165 | 17.4% |
