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During 2020 Rose received eligible dividends of $1,000 and non-eligible dividends of $700. Her 2020 federal dividend tax credit is: $42 $280 $207 You can't
During 2020 Rose received eligible dividends of $1,000 and non-eligible dividends of $700. Her 2020 federal dividend tax credit is:
$42 | ||
$280 | ||
$207 | ||
You can't calculate the dividend tax credit if you don't know her effective tax rate. |
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