Eligible net tax ($10k)
$1,411.77
Dividend tax by province/Manitoba
Manitoba Dividend Tax 2026
Eligible net $1,411.77 on $10,000 cash · rank #9 · provincial DTC 8.0000% eligible
Manitoba dividend tax snapshot
Manitoba taxes Canadian dividends with the same federal gross-up and dividend tax credits as other provinces, but provincial DTC rates on Form 428 differ. On $10,000 cash dividends with $80,000 other taxable income (single, 2026), modeled eligible net tax ≈ $1,411.77 (effective 14.12% on cash). Provincial DTC on grossed-up dividends: eligible 8.0000%, non-eligible 0.7835% (TaxTips.ca / provincial schedules). Net tax on the dividend is the change in income-tax liability after non-refundable DTCs — not CPP/EI.
Eligible effective rate
14.12%
Non-eligible net ($10k)
$2,695.19
National rank (eligible)
#9 lowest net
Dividend tax in Manitoba
Manitoba taxes Canadian dividends with the same federal gross-up and dividend tax credits as other provinces, but provincial DTC rates on Form 428 differ. On $10,000 cash dividends with $80,000 other taxable income (single, 2026), modeled eligible net tax ≈ $1,411.77 (effective 14.12% on cash). Provincial DTC on grossed-up dividends: eligible 8.0000%, non-eligible 0.7835% (TaxTips.ca / provincial schedules). Net tax on the dividend is the change in income-tax liability after non-refundable DTCs — not CPP/EI.
Federal rules are identical nationwide; Manitoba differs through provincial DTC rates (8.0000% eligible / 0.7835% non-eligible of grossed-up) and provincial bracket structure.
Where Manitoba sits vs Canada
Manitoba ranks #9 — eligible net tax $1,248.90 above British Columbia and $533.90 below Newfoundland and Labrador.
Non-eligible net tax on the same cash dividend is $2,695.19 (26.95% effective).
Provincial dividend tax credits
Percent of grossed-up taxable dividend (Form 428). Federal DTC is the same nationwide.
Eligible
8.0000%
Non-eligible
0.7835%
Who should care about Manitoba dividend tax
Investors & retirees
Compare Manitoba eligible vs non-eligible net tax when drawing $10,000 from Canadian stocks alongside other income.
Relocators
Moving to or from Manitoba? Pair compares show eligible dividend gaps with Ontario, Alberta, and Québec using the same $80,000 other income assumption.
CCPC shareholders
Non-eligible dividends from small business corps face higher effective rates — check the non-eligible column on this profile before planning distributions.
Eligible net tax by dividend amount
variable cash cash dividends with $80,000 other taxable income (single, 2026)
| Cash dividend | Net tax | After-tax cash |
|---|---|---|
| $1,000 | $141.18 | $858.82 |
| $2,500 | $352.94 | $2,147.06 |
| $5,000 | $705.87 | $4,294.13 |
| $10,000 | $1,411.77 | $8,588.23 |
| $25,000 | $4,203.67 | $20,796.33 |
| $50,000 | $11,094.86 | $38,905.14 |
Planning checklist
Match dividend type to T5 boxes
Eligible (box 24) vs other-than-eligible (box 10) changes gross-up and DTC — use the calculator with the correct type.
Hold other income constant when comparing
This profile uses $80,000 other income; your marginal rate may differ.
Consider registered accounts
Dividends inside a TFSA or RRSP/RRIF follow different rules — this page is for non-registered Canadian dividends.
Personalize amounts
Open the dividend tax calculator with Manitoba selected for any cash dividend and income level.
Similar provinces on the hub vignette
Prince Edward Island — $1,598.07
Quebec — $1,638.88
Alberta — $1,015.71
Nova Scotia — $1,835.44
Saskatchewan — $963.27
Nunavut — $961.88Compare Manitoba
Compare any two provinces
Eligible dividend net tax on $10,000 cash with $80,000 other income (2026).
Myths vs facts
“Alberta always taxes dividends the least.”
Provincial DTC and bracket stacking matter. On $10,000 cash dividends with $80,000 other taxable income (single, 2026), Alberta eligible net tax ($1,015.71) exceeds Ontario ($638.97) and British Columbia in this hub.
“Eligible and non-eligible dividends are taxed the same.”
Non-eligible uses a 115% gross-up and lower DTCs. Every province in this hub shows materially higher net tax on non-eligible cash at the same other income.
“Dividend tax credits are refundable.”
Federal and provincial DTCs are non-refundable credits — they reduce tax to zero on each component but do not pay you back unused amounts.
“Gross-up is optional.”
CRA requires reporting taxable dividends at 138% (eligible) or 115% (other than eligible) of cash received on lines 12000/12010 before claiming DTCs.
Glossary
- Eligible dividend
- Paid by Canadian public corps and CCPCs out of general rate income pool — grossed up 38% (138% taxable) with higher federal/provincial DTCs.
- Non-eligible dividend
- Other-than-eligible CCPC dividends — 115% gross-up and lower DTC rates on lines 12010 / Form 428.
- Gross-up
- Adds a portion of the dividend to taxable income before credits — 38% eligible, 15% non-eligible in 2026.
- Dividend tax credit (DTC)
- Non-refundable credit on grossed-up dividends — federal line 40425 plus provincial Form 428 line 61520.
- Net tax on dividend
- Change in income-tax liability with vs without the dividend after DTCs — hub ranking metric.
- Effective rate
- Net tax on dividend ÷ actual cash dividend; can be negative when credits offset other tax.
Manitoba dividend tax FAQ
About $1,411.77 net incremental tax (14.12% effective) with $80,000 other income — after-tax cash ≈ $8,588.23.
Eligible 8.0000% and non-eligible 0.7835% of the grossed-up taxable dividend (plus federal DTC).
#9 of 13 — $1,248.90 above British Columbia on the hub vignette.
Same $10,000 cash: non-eligible net $2,695.19 (26.95%) vs eligible $1,411.77.
Yes for personal tax — you use Manitoba provincial brackets and Form 428 DTC on your T1 if you are resident here on December 31 (simplified model).
Spousal dividends, multiple T5 slips, RRSP withdrawals in the same year, and benefit clawbacks can change marginal tax. This page is an educational estimate.
Model your dividends
Change amount, other income, and dividend type for Manitoba.
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By Sammy S. · Founder · Author