How to benefit from QSBS tax exemptions
Holders of QSBS could potentially pay zero capital gains tax (up to $10 million) when selling their shares, though specific exclusion amounts will depend on when the shares were acquired.
QSBS attestation is a two-step process:
The company must qualify as a Qualified Small Business (QSB)
Individual certificates need to meet additional criteria to be qualified as Qualified Small Business Stock (QSBS)