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.
Municipal Bond Funds. The Internal Revenue Service does not require investors who own most types of municipal bonds to pay taxes on bond interest payments. Likewise, shareholders of mutual funds containing municipal bonds typically do not have to pay interest on fund dividends. However, shareholders do have to pay capital gains tax if they sell shares for a price in excess of the original purchase price.