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Which of the following reduces a shareholders S corporation stock basis? a. Short-term capital gain. b. Business gifts in excess of $25. c. Stock purchases.

Which of the following reduces a shareholders S corporation stock basis?

a.

Short-term capital gain.

b.

Business gifts in excess of $25.

c.

Stock purchases.

d.

Capital contributions.

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	a.	Short-term capital gain.
	b.	Business gifts in excess of $25.
	c.	Stock purchases.
	d.	Capital contributions.