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Federal Tax Brackets in Canada
The current federal tax brackets for the 2024 tax year (for income earned in 2023)
15%
Taxable income from $0 to $50,197
20.5%
Taxable income from $50,197 to $100,392
26%
Taxable income from $100,392 to $155,625
29%
Taxable income from $155,625 to $221,708
33%
Taxable income over $221,708
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