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Determine amount of dividend income to be included in anne

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Reference no: EM132768899

Anne-Williams received the following dividend income during the current year:

  • $1,000 of eligible dividends from taxable Canadian corporations.
  • $1,000 of non-eligible dividends from taxable Canadian corporations.
  • $1,000 of foreign dividends; the foreign country withheld $150 in foreign tax and Anne received the net amount of $850.

Problem 1: Determine the amount of dividend Income to be included in Anne's property income for the current year.

Reference no: EM132768899

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