What are the personal inputs for the Salary vs. Dividend Worksheet?

Jay Goodis -

The personal inputs are as follows:

  • The province and tax year are used to determine the personal tax rates 
  • The existing personal tax amounts are used to specify amounts that would be included on the T1 before any marginal allocations from the corporation
  • The taxable income to ensure that the correct marginal income tax rates are used
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