Acquires the capital stock while employed and on account of employment with the qualified corporation.Was employed by the qualified corporation for at least 10 cumulative years and.Owns capital stock in the qualified corporation for at least 10 years.Tax years beginning in or after 2025 - 100%įor purposes of this provision capital stock means:įor purposes of this deduction the taxpayer must be an employee-owner of a qualified corporation.The allowed deduction on qualifying net capital gains for each tax year is identified below: If the employee-owner dies after selling or exchanging qualifying capital stock without making an election, the surviving spouse or personal representative may make the single lifetime election. A trust for the benefit for the benefit of the spouse. Qualifying capital stock that has been transferred by inter vivos gift from employee-owner to:.
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