Section1244 Stock

Stock issued by eligible small corporations under Section 1244 of the Internal Revenue Code which allows the shareholders to treat up to $50,000 of losses ($100,000 if married and filing jointly) from the sale of the stock as ordinary losses instead of capital losses.

Category: Business, LLCs & Corporations → Business Accounting, Bookkeeping & Finances

Category: Business Cash Flow Problems & Bankruptcy

Category: Business, LLCs & Corporations → Business Tax & Deductions

Category: Personal Finance & Retirement → Taxes → Tax Audits