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Which of the following statements is true regarding basis? A) stockholders can not create basis by loaning money to their 100% owned S Corp B)

Which of the following statements is true regarding basis? A) stockholders can not create basis by loaning money to their 100% owned S Corp B) the basis of a shareholder's stock in a corporation is increased by any income items passed through to the shareholder C) The basis of stock in a s corp can be reduced by any lossesof a corporation, regardless of the amount, even if the losses exceed the stock basis. D) when a loan is repaid by an S Corp, which has a zero basis, the repayment of the loan will not be taxed to the shareholder

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