The $10 Million Tax Exemption

Qualified Small Business Stock (QSBS), under Section 1202, allows founders and early investors to exclude up to 100% of capital gains from federal taxes.

Financial Impact

QSBS Savings Simulator

Estimate your potential tax savings. Section 1202 excludes the greater of $10 Million or 10x your cost basis from federal capital gains tax (typically 23.8%).

$

The cap is 10x this amount or $10M.

$
23.8%

Standard Federal Cap Gains + 3.8% NIIT.

Standard Tax Liability: $2,844,100
QSBS Tax Liability: $463,800
💰

Total Savings: $2,380,300

By qualifying for Section 1202, you shield the majority of your gain from federal taxes.

Checklist

Am I Eligible?

Eligibility is strict. Use this interactive checker to see if your stock meets the core Section 1202 requirements.

The Danger Zone

Common Mistakes & Exclusions

Not all C-Corps qualify. Certain industries are explicitly excluded ("Service Businesses"), and specific corporate actions can retroactively disqualify your stock. Click a card to reveal details.

âš–ī¸

Professional Services

Click to flip

Excluded ❌

Health, Law, Engineering, Architecture, Accounting, Actuarial Science, Performing Arts, Consulting, Athletics.

🏨

Hospitality

Click to flip

Excluded ❌

Hotels, Motels, Restaurants, or similar businesses are explicitly listed as non-qualified trades.

đŸĻ

Finance & Investing

Click to flip

Excluded ❌

Banking, Insurance, Financing, Leasing, Investing, or similar businesses do not qualify.

🔄

Stock Buybacks

Critical Mistake

Careful! âš ī¸

Significant redemptions of stock from ANY shareholder within 1 year before/after issuance can taint ALL stock issued in that period.

Strategic Planning

The 5-Year Clock

To claim the 100% exclusion, you must hold the stock for at least 5 years. But what if the company is sold before then?

Select a milestone on the right →

Understanding the timeline is crucial for tax planning. Section 1045 provides a safety net for early exits.

Day 0: Issuance

Stock Acquired

Month 6 - Year 5: The "Rollover" Window

Section 1045 Active

Year 5+: The Finish Line

100% Exclusion Unlocked