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Which of the following is true of Section 1244 small business stock? The corporation may be a C or S corporation. The stockholder must have
Which of the following is true of Section 1244 small business stock?
The corporation may be a C or S corporation.
The stockholder must have acquired the stock from the corporation for money, property, or services.
The stock must be held for more than 5 years to receive the most favorable tax treatment.
Section 1244 tax treatment applies to gains and losses.
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