Is paying this amount of income tax normal?
Also I apologize for putting my amount of income in this post. I was raised under the premise that revealing your income is kind of rude. So I apologize if you interpreted this post that way as it is not my intent.
Also: I do my own taxes and I have trouble finding an accountant who will do them because I work remotely for an american company from here in Canada, I have to also do a small filing in the US for the time I am there, and for whatever reason accountants I've talked to here say I needed someone with experience with international taxes (or something). Anyway, I've just been doing my own taxes and I'd rather learn how to do it myself anyway.
I calculated that I owe about 46,000 in income taxes based off an income of about 138,000. I am carrying forward my RRSP until next year mostly because I waited too long to be able to do one this year.
Anyway, I just want to know if this amount seems reasonable to you guys. I know you might think I should ask an accountant but I'm asking you. For context I'm in NS, have no dependents, and this is after I deducted tuition because I also finished up my degree this year.
I don't expect anyone here to become my accountant and give me advise I really ought to pay for but I was just wondering if anyone could tell me if this amount owing seems reasonable to you given my income.