Sales and exchange of securities

Small business stockの売却の特例（エンジェル税制）

If you are non corporate taxpayer, and stocks are held for more than 5yrs, you can deduct the amount of gain below;

1)single:$5,000,000 (MFJ; $10,000,000) or 2)basis*10

cf) Section 1244 small business corporation stock

single:$50,000までordinary gain として控除することができる(MFJ; $100,000)