Income Taxation: Sean owns stock in the McGee Corporation. Sean has a basis in the stock of $100. Which of the following would not be included in Sean's income?
A) Qualified dividends received from McGee Corporation.
B) A distribution by McGee Corporation to its shareholders in excess earnings and profits, of which Sean's share of the distribution is $50.
C) Dividends paid by the McGee Corporation of less than $10.
D) Dividends paid by the McGee Corporation, assuming that it is not a U.S. corporation.