Which of the following is not a requirement about the exclusion of gain for small business stock?

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Which of the following is not a requirement about the exclusion of gain for small business stock?
a. The corporation must be a C corporation.
b. The stock must be issued after August 10, 1993.
c. As of the date of the stock issuance, the capital must be less than $50,000,000.
d. The stockholder does not have to be an original stockholder of the corporation.

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South-Western Federal Taxation 2022 Corporations, Partnerships, Estates And Trusts

ISBN: 9780357519240

45th Edition

Authors: William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman

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Question Posted: May 14, 2023 04:54 AM

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Which of the following is not a requirement about the exclusion of gain for small business stock?

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Choice d is correct The stockholder does have to be an original ...View the full answer

South-Western Federal Taxation 2022 Corporations, Partnerships, Estates And Trusts

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