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To qualify for the partial exclusion of gain on the sale or exchange of Qualified Small Business
Stock the taxpayer must have held the stock for more than_years before the sale or exchange A)
two B) three C) four D) five
Solution
As per the section 1202, to qualify for the partial exclusion of gain on the sale or exchange of
Qualified Small Business Stock the taxpayer must have held the stock for more than FIVE years.

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