U.S. Code / Title 26 — Internal Revenue Code / Subtitle A—Income Taxes / Chapter 1—Normal Taxes and Surtaxes / Subchapter S—Tax Treatment of S Corporations…Title 26PartPart II—Tax Treatment of ShareholdersContents§ 1366. Pass-thru of items to shareholders§ 1367. Adjustments to basis of stock of shareholders, etc.§ 1368. Distributions