Question: which of the following will increase a shareholder's basis in an S corporation stock? 1 - a distribution of cash to the shareholder 2 -
which of the following will increase a shareholder's basis in an S corporation stock?
a distribution of cash to the shareholder
a nondeductible expenses not properly chargeable to a capital account
the shareholder's share of the loss and deduction items.
the shareholder's share of the corporation's annual income
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