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What amount should tami report as income for 2018

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Question

Columbia Corporation (an S Corporation) had an accumulated earnings and profits of at eh beginning of 2018 of $50,000. Tami and John are the equal and only shareholders of the Corporation. Ordinary income during 2018 was $100,000, but no distributions were made. $50,000 was distributed on February 16, 2019 and ordinary income for 2019 was $50,000.
What amount should Tami report as income for 2018?

Reference no: EM132367155

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