Which of the following items decrease basis for a stockholder of a Subchapter S corporation?

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Charitable contributions made by an S corporation are passed through to the shareholders and can decrease the shareholder's basis in the corporation's stock. This is because the income and deductions of an S corporation flow through to its shareholders, who report them on their personal tax returns. While net income increases basis and capital contributions and loans from the shareholder to the corporation also increase or do not affect the basis, charitable contributions (as part of the corporation's deductions) can reduce it.

Which of the Following Items Decrease Basis for a Stockholder