The Qualified Small Business Stock (QSBS)/IRC Sec. 1202 exclusion is a little-known benefit available to C corporation shareholders. IRC Sec. 1202 was enacted in 1993 with the goal of encouraging long-term investment in startups and other small businesses by exempting capital gains from taxation on the sale of stock in these entities. The enactment of the 100% gain exclusion for QSBS and changes made by the Tax Cuts and Jobs Act to corporate tax rates have combined to make QSBS a more attractive option than in the past. IRC Sec. 1202 allows holders of QSBS to exclude 50% to 100% of capital gains on the sale of QSBS. The amount of gain eligible for exclusion is limited to the greater of $10 million or 10 times the taxpayer’s basis in the QSBS.
– Learn Why QSBS 1202 was Created and How it Works
– What are the Requirements of QSBS 1202?
– Learn how QSBS Differs From Other Tax Efficient Strategies (1031s, Opportunity Zones and Conservation Easements)
– Learn How to Implement QSBS into Your Client’s Portfolio
– What is IRC 1045 and How Does it Complement IRC 1202?
The DI Wire
LLM, JD CSA
Mick Law P.C. LLO
Matthew M. Chancey, CFP
Private Wealth Advisor / Tax Strategist
Sponsor: Seedbrite Ventures
Time: 11:00 AM PT / 2:00 PM ET
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