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Pat Maurer acquired stock in Bachtiar Inc. on September 18, 2009 for $500,000. Bachtiar is a qualified small business corporation for Code Sec. 1202 purposes.
Pat Maurer acquired stock in Bachtiar Inc. on September 18, 2009 for $500,000. Bachtiar is a qualified small business corporation for Code Sec. 1202 purposes. On February 12, 2020, Pat sold all his Bachtiar stock for $25,000,000. As a result of the sale what is Pat's realized and recognized gain?
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