Erik Purchased Qualified Small Business Corporation Stock on December 1,2010

question 5

Multiple Choice

Erik purchased qualified small business corporation stock on December 1,2010 and sold it for a $500,000 gain on December 12,2016.The gain subject to tax is

• A)$0.
• B)$500,000.
• C)$250,000.
• D)$125,000.

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