Which of the Following Is Not an Adjustment to an S

question 115

Multiple Choice

Which of the following is not an adjustment to an S corporation shareholder's stock basis?

• A) Increase for any contributions to the S corporation during the year.
• B) Increase for shareholder's share of ordinary business income.
• C) Decrease for shareholder's share of nondeductible items.
• D)Increase for distributions during the year.
• E)None of these

---

Definitions:

Workplace Behavior

The actions and interactions of individuals within an employment setting, encompassing both productive tasks and social relations.

Policies

Guidelines or principles that direct decision-making and operations within an organization or institution.

Self-Governance

The ability of an individual or group to exercise all necessary functions of control and decision-making without external control.

20Th Century

A historical period extending from January 1, 1901, to December 31, 2000, marked by significant global changes in politics, technology, and culture.