(Solved): Which of the following activities decreases the adjusted basis of the underlying asset? Amortization ...

Which of the following activities decreases the adjusted basis of the underlying asset? Amortization of bond premium. A corporate distribution to a shareholder where the corporation has no earnings and profits and the distribution is partially treated as a return of capital and partially as capital gain. A distribution to a shareholder made from a corporations earnings and profits. Only a and b. All of the above.