Converting an S-Corp to a C-Corp to make it QSBS compliant

by a searcher from Claremont McKenna College

2 years ago

assuming the criteria are met, seems like the conversion of a S-Corp to a C-Corp can be made to be compliant with QSBS, Section###-###-#### i.e. avoid paying federal capital gain tax up to $10 M per investor, if stock held 5+ years)? 

has anyone done a conversion, or any CPA who can comment? looks like the QSBS-compliant stock must be issued by the company (not acquired from a shareholder).

Searchfunder member

4 likes
240 views
8 comments

searcher from Brigham Young University

Following. Interesting discussion.

1 year ago | like reply | 0 likes

searcher from Claremont McKenna College

Thanks, good to know I need a CPA’s opinion letter (with support) and not a formal valuation.

2 years ago | like reply | 0 likes

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