How much is allocated to pauls distribution

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Question - Peggy and Paul each own half of Birdbrain Corporation, a calendar year taxpayer. Cash distributions from Birdbrain to Peggy are $150,000 on April 1st and $100,000 to Paul on May 1st. If Birdbrains E&P is $50,000, how much is allocated to Pauls distribution?

$5,000

$10,000

$40,000

$50,000

Reference no: EM132015227

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