Dividends from Small Business Corporations

[@a004]

Such a good video up until "gross up" and "federal credit". So what are the tax rates for ineligible vs eligible dividends that the person would pay?

[@BCCLLQP]

You have to do the gross up and credit to determine that. There is no 'one' tax rate that somebody would pay. You gross up the amount of dividend income and then you plug that into whatever province's tax system you fit into.

[@Killuminatismd]

Thank you for the video! It's a great refresher from the convoluted university courses.

[@ociany11]

I love your videos!!! Thank you so much!!!!

[@lorenastone6085]

Thank you 😊

[@WillaHong]

Thanks Jason, learnt a lot from you since the LLQP class!

[@BCCLLQP]

Willa Hong Thanks for taking the time to comment - nice to hear that your learning continues!

[@robgen6285]

can we avail for LCGE in this example to avoid fed and prov tax?

[@BCCLLQP]

Gener Robinos These are dividends. You can only use the LCGE on a capital gain.

[@hannahsu3341]

thanks for the video! i am learning a lot as welllll

[@matilda0830]

Excellent!!

[@terrykozak5951]

you make reference to the tax consequences of each dividend, can you direct me to that video?

[@BCCLLQP]

Hockeymad Ice They are embedded in this series: ua-cam.com/video/sCknLhw7qFc/v-deo.html

[@g86jn1]

Why would you start a video with “ not that it matters “ ?

[@BCCLLQP]

It’s a good question, but I didn’t.

[@jamieofalltrades536]

Apparently this is for Canadians?

[@BCCLLQP]

American Yes, that’s correct.

[@vedantdighe4278]

I am 100th like 😄

[@BCCLLQP]

Thanks for watching!