Husker corporation reports current e&p of negative $200,000 in 20x3 and accumulated e&p at the beginning of the year of $300,000. husker distributed $200,000 to its sole shareholder on december 31, 20x3. the shareholder's tax basis in her stock in husker is $50,000. how is the distribution treated by the shareholder in 20x3?

Relax

Respuesta :

Distribution is treated as a deductable to the shareholders of 1:10 to each dollar amount.