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Which of the following increases a shareholders S corporation stock basis? a. Depletion deductions in excess of the basis of property taken in computing operating
Which of the following increases a shareholders S corporation stock basis?
a. Depletion deductions in excess of the basis of property taken in computing operating income.
b. Illegal kickbacks received.
c. Nontaxable income received.
d. Sales income.
e. All of the above increase basis.
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