What adjustments are made annually to a shareholder's basis in S corporate stock and in what order?

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What adjustments are made annually to a shareholder's basis in S corporate stock and in what order? What impact do these adjustments have on a subsequent sale of stock?
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Related Book For  answer-question

Taxation Of Individuals And Business Entities 2015

ISBN: 9780077862367

6th Edition

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

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