Corporate dividends represent:$800$:$33\mathrm{.}16$Multiple Choicetax$-$free income for the recipient because they are distributions of pretax income.tax$-$free income for the recipient because they are distributions of aftertax income.pretax income from the corporation which becomes taxable income for the recipient.taxable income for both the corporation and the shareholder, whether or not dividends are paid to shareholdaftertax income from the corporation which becomes taxable income for the recipient.