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    CYA2023BOmld
    Returning Member

    Apologies for yesterday's post. Turbotax Canada uses the correct tax bracket threshold. I was misled by online news. sorry!

    Description                                                                                      2023           2022           2021         2020

    Taxable income above which the 20.5% bracket begins$53,359$50,197$49,020$48,535
    Taxable income above which the 26% bracket begins$106,717$100,392$98,040$97,069
    Taxable income above which the 29% bracket begins$165,430$155,625$151,978$150,473
    Taxable income above which the 33% bracket begins$235,675$221,708$216,511$214,368
    posted
    ‎March 27, 2023 9:58 AM
    last updated ‎March 27, 2023 9:58 AM
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    1 Reply
    GabbyI
    Level 1
    Level 1

    Apologies for yesterday's post. Turbotax Canada uses the correct tax bracket threshold. I was misled by online news. sorry!

    Appreciate the update @CYA2023BOmld and for bracket breakdowns! Nice

    ‎May 1, 2023 11:37 AM
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