Qualified Small Business Stock: Considerations for 100% Gain Exclusion

by Dominic Maldonado and Louis Taptelis | Mar 15, 2016   ()

Beginning in 2015, for the first time since its enactment in 1993, Sec. 1202 allows noncorporate taxpayers to exclude from federal income tax 100% of the gain on the sale of certain qualified small business stock (QSBS), limited to the greater of $10 million or 10 times the adjusted basis of the investment. Unlike in prior years, this creates possible opportunities for noncorporate taxpayers who dispose of QSBS in a taxable transaction to potentially exclude the entire gain for federal tax purposes. Read More

Source: The Tax Adviser
Source: The Tax Adviser

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