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K Felicia Hong received dividends of $7914 19 from her investments in 2023 in her taxable brokerage account. Calculate the amount of tax she will
K Felicia Hong received dividends of $7914 19 from her investments in 2023 in her taxable brokerage account. Calculate the amount of tax she will have to pay on these dividends based on the following information: Gross-up percent Combined Federal and Manitoba Tax Rate on Ordinary Income Federal Dividend Tax Credit Manitoba Dividend Tax Credit 38% 50.07% 15.0198% Felicia will have to pay 8% Do not round intermediate calculations - do your work in Excel: step by step. of tax on these dividends (round to the nearest cent = $0.01).
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