Today we published a new flowchart on our sister website, Tax-Charts.com, regarding the Section 1202 exclusion for qualified small business stock (“QSBS”). Analysis of whether gain from the sale of stock qualifies to be excluded from income under Section 1202 is primarily based on certain definitions that build upon each other. Graphically flowcharting definitions is often difficult or impossible. This chart does not have one sequential list of questions that lead to whether gain can... Read more →