A specific non-corporate citizen who has held little business stock that qualifies under IRC §1202 for over 5 years can avoid no less than half of any increase from the aura of the stock. More can be barred if the stock was issued by a partnership in an Empowerment Zone or on the off chance that it was issued inside specific dates.
- Stock Exclusion
- Qualified Small Business Stock 50%
- Issued by Corporation in Empowerment Zone 60%
- Issued February 18, 2009 - September 27, 2010 75%
- Issued September 28, 2010 - December 31, 2013 100% Not included as an AMT inclination thing.
- Issued After 2013 50%