Small business declares dividends - eligible or ineligible dividends

[JMPin]

Small business is incorporated. 

Are the declared dividends ineligible or eligible dividends?

[TurboTaxBrenda1]

Eligible dividends are "grossed-up" to reflect corporate income earned, and then a dividend tax credit is included to reflect the higher rate of corporate taxes paid. Non-eligible dividends are received from small business corporations that earn under $500,000 of net income (most companies).

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[JMPin]

Thank you for your clear & concise answer