Originally Posted by
allodial
With respect to an 1040, likely the Secretary of the Treasury doesn't necessary have concerns as to the distinction. It was related that "{State/Federally-chartered} banks dont open accounts for men". Makes sense to me. A living man or a living soul may act in various capacities with respect to any given taxable entity: (i) accommodation party, (ii) some representative or fiduciary capacity.
P.S. I get the impression that some folks are trying to read too much into things. Playing Monopoly, sure there are rules but there is a difference between Monopoly and Reality, no?