A QSBS Exit Needs an Active Business Asset History
A small corporation’s issuance size does not establish the separate operating-asset requirement.
TOPIC COLLECTION
Sale Tax Planning
A focused reading path from The Exit Ledger. Start with the question closest to your situation, then review the linked sources and documentation steps.
QSBS Held Through a Partnership Requires the Owner’s Entry Date
The entity’s qualifying stock history does not automatically give a later investor the same exclusion.
Selling Distributed Preferred Shares Can Trigger Section 306
The stock’s origin can change income character even when a buyer pays for shares.
A Related Buyer Can Change the Character of Business Asset Gain
Depreciable property in the buyer’s hands requires a relationship review beyond ordinary recapture.
Washington’s Family Business Sale Deduction Needs Its Own Qualification File
Ownership, participation, indexed revenue, and the portion transferred matter separately from federal gain treatment.
Selling One Acquired Intangible at a Loss Can Shift Basis to Retained Rights
Trace the original acquisition group before deducting a loss from a business carveout.
Old Business Goodwill Can Carry an Anti-Churning Issue Into a New Sale
Investigate the intangible’s early ownership and the buyer’s related-party structure before pricing expected amortization.
A Business-Sale Refund Claim Needs Each Legal Ground Before Litigation
Preserve the factual and legal basis for every requested sale-year refund rather than relying on a later courtroom explanation.
Selling Founder-Created Intellectual Property Needs a Creator and Basis History
Do not assume that a long-held copyright or invention receives capital-gain treatment simply because it is valuable in the business sale.
Selling Foreign Operating-Company Shares Needs a Section 1248 Earnings Schedule
Review ownership history and attributable earnings before treating the entire stock-sale gain as capital gain.
Protecting QSBS Value With a Put Needs a Separate Exclusion Review
An offsetting position can affect the stock-gain exclusion even when the owner plans to sell later.