The gain from the sale of qualified small business stock held for more than six months can be rolled over if stock from another qualified small business is purchased within 60 days.

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This is known as "rolling over gain from a qualified small business." It allows taxpayers to defer some or all of the gain from the sale of qualified small business stock by investing the proceeds in another qualified small business within 60 days. This provision is found in Section 1045 of the Internal Revenue Code.

The Gain from the Sale of Qualified Small Business Stock