Question: #16: Operating Rules: Single Cash Distribution. F Inc. made a $50,000 distribution on February 1 of this year to its sole shareholder, H. H has

 \#16: Operating Rules: Single Cash Distribution. F Inc. made a $50,000

\#16: Operating Rules: Single Cash Distribution. F Inc. made a $50,000 distribution on February 1 of this year to its sole shareholder, H. H has a basis in her stock of $12,000. Determine the tax consequences of the distribution to H for each of the following situations

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