Where there are insufficient earnings and profits to cover the entire distribution to a shareholder, how would

Question:

Where there are insufficient earnings and profits to cover the entire to a shareholder, how would the excess be treated for tax purposes?

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...