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Business, 13.12.2019 04:31 adore81i

Bow, inc., an s corp, has three equal shareholders. for the year ended dec 31 2009, bow had taxable income and current earnings and profits of 300k. bow made distributions totaling 120k during 2009. for 2009, what amount from bow should be included in each s/h's gross income? a. 140kb. 100kc. 60kd. 40k

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Bow, inc., an s corp, has three equal shareholders. for the year ended dec 31 2009, bow had taxable...
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