Glossary · IRC §1202 · 26 U.S.C. §1202
QSBS And OBBBA'S Capital Gains Override
Qualified small business stock (QSBS) — C corporation stock meeting Section 1202 requirements that can qualify for partial or total federal gain exclusion QSBS and OBBBA's Capital Gains Override — Section 1202 qualified small business stock can exclude 100% of gain from federal income tax under qualifying conditions
In The Guide
This section is treated in Chapter 13, Chapter 16, Chapter 21. The published chapter summary is the source of the definition above. The full reasoning, citations, and worked examples are in the book.
Cite as: Diaz, Paul D. THE TAX CUTTERY® Guide to Federal Income Taxation, Professional Edition, Chapter 13: Investment and Capital Gains Planning. IRC §1202 (26 U.S.C. §1202). taxguide.tax/irc/1202
This is the glossary entry. The chapter itself is in the book. Read a free excerpt, BUY THE BOOK ($299), or get the free Letter.