---
kind: "unit"
title: "26"
title_heading: "Internal Revenue Code"
key: "stA/ch1/schS/ptII"
level: "part"
label: "Part II"
heading: "Tax Treatment of Shareholders"
release: "119-102"
date: "2026-07-12"
url: "https://uscodex.org/usc/26/stA-ch1-schS-ptII"
sections_count: 3
---

# Part II — Tax Treatment of Shareholders

Title 26 — Internal Revenue Code › Subtitle A — Income Taxes › Chapter 1 — Normal Taxes and Surtaxes › Subchapter S — Tax Treatment of S Corporations and Their Shareholders

## Sections

- [§1366. Pass-thru of items to shareholders](/usc/26/1366.md)
- [§1367. Adjustments to basis of stock of shareholders, etc.](/usc/26/1367.md)
- [§1368. Distributions](/usc/26/1368.md)