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How are gains from the sell of capital gains on the sell of a small business I owned stock in treated on my taxes? How do I know if it is a qualified small business?

 
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How are gains from the sell of capital gains on the sell of a small business I owned stock in treated on my taxes? How do I know if it is a qualified small business?

You can treat 50%, 60%, 75% or 100% of the gain as tax-free under section 1202 if you held the stock longer than five years and TT does the math. You can find the qualifications at this link 

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