Question $18$ of $58.$

Vivian gave her $16-$year$-$old son Wesley, several shares of Telus, a taxable Canadian corporation. During the year, Wesley received eligible dividends of $$300$ from Telus. He sold some of Who should report the dividends, and who should report the capital gain?

Vivian should report both the dividends and the capital gain.

Wesley should report both the dividends and the capital gain.

Wesley should report the dividends and Vivian should report the capital gain.

Vivian should report the dividends and Wesley should report the capital gain.

Mark for follow up