To qualify for the partial exclusion of gain on the sale or

To qualify for the partial exclusion of gain on the sale or exchange of Qualified Small Business Stock the taxpayer must have held the stock for more than_years before the sale or exchange A) two B) three C) four D) five

Solution

As per the section 1202, to qualify for the partial exclusion of gain on the sale or exchange of Qualified Small Business Stock the taxpayer must have held the stock for more than FIVE years.