Question: During 2 0 2 3 , Ms . Mary Richards receives $ 7 0 0 0 in non eligible dividends from taxable Canadian corporations. Her

During 2023, Ms. Mary Richards receives $7000 in non eligible dividends from taxable Canadian corporations. Her income is such that all additional amounts will be taxed at a 29 percent federal rate and a 14 percent provincial rate. Her provincial dividend tax credit for non eligible dividends is equal to 33 percent of the gross up. What is the total federal and provincial dividend tax credit she will be eligible for as a result of these dividends?

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