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A New Brunswick resident earned $20,000 in interest income and $10,000 in capital gains. Calculate the total tax paid. Combined marginal tax rates for individuals

A New Brunswick resident earned $20,000 in interest income and $10,000 in capital gains. Calculate the total tax paid. Combined marginal tax rates for individuals in top provincial tax bracket

Provinces/Territories Interest and Regular Income (%) Capital Gains (%) Eligible Dividends (%) Non-eligible Dividends (%)
British Columbia 45.80 22.90 28.68 37.98
Alberta 39.00 19.50 19.29 29.36
Saskatchewan 44.00 22.00 24.81 34.91
Manitoba 46.40 23.20 32.27 40.77
Ontario 49.53 24.77 33.82 40.13
Quebec 49.97 24.99 35.22 39.79
New Brunswick 46.84 23.42 27.35 36.02
Nova Scotia 50.00 25.00 36.06 39.07
Prince Edward Island 47.37 23.69 28.71 38.74
Newfoundland and Labrador 42.30 21.15 30.20 32.08

Multiple Choice

$12,710

$11,710

$10,710

$9,710

$8,710

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