DESCRIPTION
This module guides the participants through the fundamentals of Qualified Small Business Stock (QSBS) under section 1202, the eligibility requirements of QSBS, the potential tax exclusion from the sale of QSBS, and the required holding period. This module is primarily delivered through group exercises that encourage interaction and participation from the class.
LEARNING OBJECTIVES
- Provide an overview of Qualified Small Business Stock (QSBS) gain exclusion
- Analyze the criteria for qualifying and becoming eligible for QSBS
- Compute the QSBS gain exclusion under IRC 1202
- Discuss the tax implications for the non-excluded 1202 gain
