I had people spit on me, throw things at me and want to physically fight me â people who had never met me or talked to me. In the age of social media, this is what I get:  @kato_kaelin why don't U just die, loser. Ur worthless.. Never has a man done so little to be recognized by so many.
Full or partial cash repayment of the debt by the corporation reduces the shareholder's loan basis. (Repayment with property other than cash is beyond the scope of this item.) If the debt basis has previously been reduced to zero, all the subsequent repayment is treated as taxable income to the shareholder.
The reinvestment of mutual fund distributions -- dividends and capital gains -- does increase your cost basis. A higher basis is a good thing because you will pay less in capital gains taxes with a higher basis if you sell your fund shares.he taxable gain is the sale price minus the cost basis. The higher basis from including distribution reinvestments results in a lower taxable gain and less money due in capital gains taxes. If the amount received from selling your fund shares is less than your cost basis, you have a capital loss.