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During 2020 Rolf Received Eligible Dividends of $900 and Non-Eligible

Question 59

Multiple Choice

During 2020 Rolf received eligible dividends of $900 and non-eligible dividends of $600. His 2020 federal dividend tax credit is:


A) $231
B) $249
C) $286
D) You can't calculate the dividend tax credit if you don't know his effective tax rate.

Correct Answer:

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