Episode
Enrolled Agent Exam [Part 2] 22, Section 1202 Qualified Small Business Stock
- Podcast
- Finance Exam Prep
- Published
- May 19, 2026
- Duration seconds
- 209
- Processing state
not_requested- Canonical source
- https://open-exam-prep.com/
Actions
POST https://stenobird.com/v1/public/podcasts/finance-exam-prep-7658413/episodes/enrolled-agent-exam-part-2-22-section-1202-qualified-small-business-stock/transcription-requests
Idempotently request low-priority transcript generation for this episode.GET https://stenobird.com/podcast/finance-exam-prep-7658413/enrolled-agent-exam-part-2-22-section-1202-qualified-small-business-stock.md
Read the agent-friendly Markdown representation of this episode resource.
Summary
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The five critical requirements for stock to qualify as QSBS: C-Corp, original issuance, under $50M in assets, active business, and a 5-year holding period. - How to calculate the maximum gain exclusion, which is limited to the greater of $10 million or 10 times the stock's basis. - Common exam traps such as S-Corp stock, secondary market purchases, and significant stock redemptions. - Which types of businesses, like specific professional services, are excluded under the 'active business' requirement. - How the stock's acquisition date determines the gain exclusion percentage, which can be 50%, 75%, or 100%.