Match the Term with the Proper Response

question 90

Short Answer

Match the term with the proper response. There may be more than one responses for each term.
a.Includes gross receipts derived from royalties, passive rents, dividends, interest, etc.
b.Penalty tax to stop an S corporation from avoiding the corporate tax on disposition of appreciated property.
c.Cumulative total of undistributed non-separately stated items.
d.Tax-free distribution.
e.Generated under old S corporation rules (pre-1983).
f.Items that affect basis but not AAA go here.
g.Taxed as a dividend.
-OAA

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Definitions:

Endosperm

In flowering plants, nutritive storage tissue that is derived from the union of a sperm nucleus and polar nuclei in the embryo sac.

Seed Coat

The outer covering of a seed that protects the embryonic plant and its food supply from damage and desiccation.

Triploid Tissue

Tissue composed of cells with three sets of chromosomes, rather than the typical two sets found in most organisms, leading to unique genetic characteristics.

Triploid

An organism or cell having three sets of chromosomes, which is uncommon in most species and often leads to developmental abnormalities.