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Personal Finance Reader

Dividend gross-out Add to ...

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Dividend gross-out
Important reading for people who own dividend stocks in non-registered accounts. To take advantage of the dividend tax credit, you first have to "gross up" the amount of dividend income you've received. In this blog post, you'll find out how changes to the dividend tax credit that make the gross up, well, grosser than ever.

More related to this story

Invest like Buffett
Included in this article is a list of Canadian- and U.S.-based companies that act like Warren Buffett's holding company, Berkshire Hathaway, in acquiring positions in underpriced companies with strong franchises.

Money and the stay-at-home parent
Household income, career advancement and retirement savings - these are the three main financial sacrifices made by people who stay at home to raise the kids.

Your secret hideaway
$17.5-million (U.S.) buys you a secret mountainside submarine base in Norway. It's NATO surplus.

More money
Join the 13,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I’m also on Twitter.

Follow us on Twitter: @globemoney

Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, log in and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include: Business Ticker, a summary of the day's top business stories; and Berman's Market Update, a summary of the markets at the open, noon and close.

Follow on Twitter: @rcarrick

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