eligible gain
Defined in 1 place of the United States Code.
For purposes of this subsection, the term “eligible gain” means any gain from the sale or exchange of qualified small business stock held for at least 3 years (more than 5 years in the case of stock acquired on or before the applicable date).
Source
- 2025–present26 U.S.C. § 1202Internal Revenue Code · Partial exclusion for gain from certain small business stock · in this section
For purposes of this subsection, the term “eligible gain” means any gain from the sale or exchange of qualified small business stock held for more than 5 years.
Source
- 1994–202526 U.S.C. § 1202Internal Revenue Code · Partial exclusion for gain from certain small business stock · in this section