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If Juliana corporations retain their after-tax earnings, when will their shareholders who are individuals be taxed on th

Posted: Wed May 04, 2022 6:43 am
by answerhappygod
If Juliana corporations retain their after-tax earnings, when
will their shareholders who are individuals be taxed on the
retained earnings?
Shareholders will be taxed when they sell their shares at a
gain.
Shareholders will be taxed in the year they elect to be taxed on
undistributed retained earnings.
Shareholders will be taxed on undistributed retained earnings in
the year the corporation files its tax return.
None of the choices are correct.