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@Yaohhhh Yaohhhh commented Oct 12, 2023

Fixed #456

@Yaohhhh Yaohhhh marked this pull request as ready for review October 12, 2023 22:44
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What does "other than eligible" mean here? Isn't there just taxable and tax-exempt dividend income? Please name parameters and Python variables consistently if so.

I'm surprised a credit would be based on the difference between taxable and tax-exempt dividends. Please support that with links to the return where lines 12000 and 12010 are defined.

@PavelMakarchuk
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What does "other than eligible" mean here? Isn't there just taxable and tax-exempt dividend income? Please name parameters and Python variables consistently if so.

I'm surprised a credit would be based on the difference between taxable and tax-exempt dividends. Please support that with links to the return where lines 12000 and 12010 are defined.

according to this source eligible and other than eligible dividends both refer to taxable dividend income. Eligible dividend income is "generally received from public corporations, earning over $500,000" while other than eligible dividends are received from small businesses (under ~$500,000). Due to the higher corporate rate of larger corporations, eligible dividends are taxed more favorably compared to other than eligible

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thanks for the context. seems like non-eligible is the conventional term

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Saskatchewan Dividend Tax Credit

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