United States IRC sections
Statute section
IRC section 1202
Partial exclusion for gain from certain small business stock
Country
United States
Section
1202
Updated
2026-05-20
Operative text
Section 1202 allows a non-corporate taxpayer to exclude up to 100 percent of gain on the sale of qualified small business stock held for more than five years, subject to a per-issuer limit equal to the greater of $10 million or 10 times the taxpayer's basis in the stock.
Cross-references
26 U.S.C. 1045
Related guides
Related citations
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Cited by
Primary sources
- 26 U.S.C. section 1202Verified 2026-05-20
Important disclaimer
This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.