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During 2020 Erin Received Eligible Dividends of $800, Non-Eligible Dividends

Question 46

Multiple Choice

During 2020 Erin received eligible dividends of $800, non-eligible dividends of $600 and foreign dividends of $900 (10% foreign tax was withheld at source) . Her 2020 net property income for tax purposes is:


A) $2,648.
B) $2,694.
C) $2,748.
D) $2,794.

Correct Answer:

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