2 ms·
Not per year! Says so even in the text you quoted, "reduced by the aggregate amount ... for prior taxable years ..." It's $10mm per entity, or 10x what you pai
by zaroth 7y ago
Not per year! Says so even in the text you quoted, "reduced by the aggregate amount ... for prior taxable years ..."
It's $10mm per entity, or 10x what you paid for the stock, whichever is greater.
- deleted 7y ago[deleted]
- CalChris 7y agoYeah, I see your point. But I think the 10X is still yearly. For a founder, that might not be much. For a funder, that might be a considerable benefit. (B) 10 times the aggregate adjusted bases ... during the taxable year.