Which of the following increases the stock basis of a shareholder in an S Corporation? O Nondeductible Expenses of the S Corporation. O Taxable Distributions to the shareholder. O Long-Tem Capital Loss. O Long-Term Capital Gain. QUESTION 38 Which of the following statements regarding S Corporations is "not" true? O Under certain circumstances, an S Corporation may be required to make Estimated Tax payments. O A shareholder's share of the S Corporation Income is Self-Employment Income and, therefore, subject to the Self-Employment Tax. O An S Corporation may own stock in another corporation. O An S Corporation is not subject to the 10% of Taxable Income Limitation for Charitable Contributions that applies to Regular (C) Corporations