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Old 01-28-2008, 06:02 PM  
Myst
Confirmed User
 
Join Date: Feb 2004
Location: Alberta, Canada
Posts: 4,707
Quote:
Originally Posted by WiredGuy View Post
If you took the 500k in one shot your tax bracket would be in the 40%+ which would be closer to 225k.
WG
http://www.walterharder.ca/MarginalT...alculator.html

Not quite.. Im an Alberta resident, and remember its just the amount over $120,887 that gets taxed the 29% federally (and 10% provincially)
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