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During 2018, Marion receives $5,600 in non-eligible dividends and $8,000 in eligible dividends from taxable Canadian corporations. a. Determine the taxable amount of the dividends
During 2018, Marion receives $5,600 in non-eligible dividends and $8,000 in eligible dividends from taxable Canadian corporations.
a. Determine the taxable amount of the dividends received and any dividend tax credits she is entitled to. [4 marks]
b. What is the total amount that she will include in her net property income? [1 mark]
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