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February 28, 2025
Question

How can I exempt all or part of small business stock issued to me on June 12, 1994? The issued stock is Qualified Small Business Stock under section 1202.

  • February 28, 2025
  • 1 reply
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Do I report the reduction as an adjustment or just present the gain as exempt?

    1 reply

    February 28, 2025

    You will see a screen that says "Let us know if any of these situations apply to this sale" and you can indicate This was a small business stock.