The Amount of Any Distribution to an S Corporation Shareholder

question 93

Short Answer

The amount of any distribution to an S corporation shareholder is equal to the ____________________ plus the fair market value of any other property distributed..

---

Definitions:

Gametophytes

The haploid, gamete-producing phase in the life cycle of plants and algae.

Gymnosperms

Gymnosperms are a group of seed-producing plants that includes conifers, cycads, ginkgo, and gnetophytes, characterized by seeds that are not enclosed by a fruit.

Angiosperms

A group of plants that have flowers and produce seeds enclosed within a carpel; the largest group of living plants.

Celery Stalks

The long, fibrous, edible portions of the celery plant, commonly consumed as a vegetable or used in cooking for their flavor.