The phrase "double taxation" as discussed in class means that a 1. _____ unless it has been formed as a 2._____ rather than a 3._____ will have to pay 4._____ on 5._____ and any distribution to the 6._____ through the declaration of a/an 7._____ will have to be reported and recognized as income on their own 8._____ state and federal tax returns. Group of answer choices 1. 1. partnership 2. C Corp 3. Sub S 4. taxes 5. all income 6. shareholders 7. dividend 8. individual 2. 1. corporation 2. Sub S 3. C Corp 4. taxes 5. all debt 6. shareholders 7. employee bonus 8. individual 3. 1. limited partnership 2. Sub S 3. C Corp 4. expenses 5. salaries 6. shareholders 7. dividend 8. individual 4. 1. corporation 2. Sub S 3. C Corp 4. taxes 5. profits 6. shareholders 7. dividend 8. corporate 5. 1. corporation 2. Sub S 3. C Corp 4. taxes 5. profits 6. shareholders 7. dividend 8. individual 6. 1. corporation 2. Sub S 3. C Corp 4. taxes 5. deductible expenses 6. directors 7. dividend 8. individual 7. 1. corporation 2. Sub S 3. C Corp 4. taxes 5. corporate payments 6