Stock Redemption Explained

[@thoughtful_thoughts]

Thank you professor Farhat. Your videos are very helpful. Extremely helpful for EA and CPA candidates.

[@AccountingLectures]

Glad you like them! Thank you and please visit the website for more farhatlectures.com/

[@Damage654]

Thank you! I have question. If the corporation termination paperwork and they declare a redemption amount per share is there a statue of limitation for that time ?

[@grace-oe2ym]

if not qualified as redemption, shouldn't the dividend income for individual shareholders be treated as ordinary income??