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:

Domestically Produced

Goods or services that are manufactured, grown, or created within a country's borders, as opposed to imported from other countries.

Performance Management

The process through which managers ensure that employees' activities and outputs contribute to the organization's goals.

Specific Methods

Precise or particular techniques or strategies used to accomplish a task or achieve a goal.

General Principles

Fundamental norms or rules that are widely recognized and upheld in various fields or disciplines.