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short answer please Week 2 Discussion Forum Sam owns all of the stock in a newly formed corporation. During 2019. the first year of operations,

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Week 2 Discussion Forum Sam owns all of the stock in a newly formed corporation. During 2019. the first year of operations, the corporation realized current earnings and pronts of $10,000. Sam received a $12,000 distribution from the corporation. How much, if any of the distribution is taxable to Sam? Why

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