What is §1244 stock? Under what conditions is it advantageous for a shareholder to hold §1244 stock?

Feb 3rd, 2012
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What is §1244 stock? Under what conditions is it advantageous for a shareholder to hold §1244 stock? Why did Congress bestow these tax benefits on holders of such stock? Answer Section 1244 permits a shareholder to treat a failure on the sale or exchange of stock that qualifies as §1244 stock as a normal loss. Section 1244 applies just individual shareholders who are the first beneficiaries of the stock. The greatest measure of loss that can be dealt with as a common loss under §1244 is $50,000 for every year ($100,000 on account

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What is 1244 stock? Under what conditions is it advantageous for a shareholder to hold 1244 stock? Why did Congress bestow these tax benefits on holders of such stock?AnswerSection 1244 permits a shareholder to treat a failure on the sale or exchange of stock that qualifies as 1244 stock as a

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