Sales of Small Business Stock If you sell qualified small business stock, you may be able to rollover your gain tax free or exclude part of the gain from your income.Qualified small business stock is stock issued by a qualified smallbusiness after August 10, 1993, that meets certain tests. accommodation in BudapestRollover of gain.Hotelzimmer in SelfossYou can choose to roll over a capital gain from the sale ofqualified small business stock held longer than 6 months into otherqualified small business stock. This choice is not allowed to Ccorporations. If you make this choice, the gain from the sale isrecognized only to the extent the amount realized is more than thecost of the other qualified small business stock bought within 60 daysof the date of sale. You must reduce your basis in the other qualifiedsmall business stock by the gain not recognized. Exclusion of gain.You may be able to exclude from your gross income one-half of yourgain from the sale or exchange of qualified small business stock heldby you longer than 5 years. This exclusion is not allowed to Ccorporations. Different rules apply when the stock is held by apartnership, S corporation, regulated investment company, or commontrust fund. Your excluded gain from the stock of any one issuer is limited tothe greater of the following amounts. Ten times your basis in all qualified stock of the issuerthat you sold or exchanged during the year. $10 million ($5 million for married individuals filingseparately) minus the amount of your excluded gain from the stock ofthe same issuer in earlier years. More information.For more information on sales of small business stock, see chapter 4 of Publication 550.