Jackson, an individual, is a shareholder in Cadduceus Corp., a C Corporation with $40,000 in accumulated earnings and profits. For $200,000 Cadduceus Corp. redeems some of its stock from Jackson as part of a qualifying partial liquidation. Jacksons adjusted basis in the stock at the time of redemption was $50,000. For tax purposes- Jill will recognize a capital gain of $150,000. Can you explain what a qualifying partial liquidating is?