Question
1 Donell has 1 000 shares of stock paying eligible dividends of $1.10 each this year. Calculate the grossed up dividend amount he must report
1 Donell has 1 000 shares of stock paying eligible dividends of $1.10 each this year. Calculate the grossed up dividend amount he must report to CRA.
2 Alistair has 300 shares of stocks paying non eligible dividends of $1.00 each this year. Calculate the grossed up dividend amount he must report to CRA.
3 Maxime has 500 shares that paid him .80 cents of eligible dividends per share this year. Calculate his federal tax credit.
4 Samuel has 400 shares that paid him $1.00 of non eligible dividends per share this year. Calculate his federal tax credit
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