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Which of the following indicates a significant correlation?
Cash Distribution
The payment of cash to shareholders or partners as part of the profits or surplus.
Self-employment Income
Income derived from running a business as a sole proprietor, independent contractor, or freelancer, as opposed to earning a salary or wages from an employer.
Section 179 Expense
A section of the IRS tax code allowing businesses to deduct the full purchase price of qualifying equipment and/or software within a tax year.
Separately Stated
Items on a tax return or financial statement that are listed individually to ensure proper treatment under tax laws or accounting rules.
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