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Which of the following is not an adjustment to an S corporation shareholder's stock basis? Increase for any contributions to the S corporation during the
Which of the following is not an adjustment to an S corporation shareholder's stock basis?
Increase for any contributions to the S corporation during the year | ||
Increase for shareholder's share of ordinary business income | ||
Decrease for shareholder's share of nondeductible items | ||
Increase for distributions during the year | ||
None of the choices are correct. |
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