What are the three potential tax treatments of a cash distribution to a shareholder? Are these potential

Question:

What are the three potential tax treatments of a cash to a shareholder? Are these potential tax treatments elective by the shareholder?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...