Alaska
No state income or capital gains tax (i.e. conform with Section 1202)
More Info about Alaska & QSBS →Florida
No state income or capital gains tax (i.e. conform with Section 1202)
More Info about Florida & QSBS →Massachussets
Partially confirms with Federal QSBS (IRC Section 1202)
More Info about Massachussets & QSBS →Nevada
No state income or capital gains tax (i.e. conform with Section 1202)
More Info about Nevada & QSBS →New Hampshire
No state income or capital gains tax (i.e. conform with Section 1202)
More Info about New Hampshire & QSBS →Pennsylvania
Does not conform to Federal QSBS (IRC Section 1202)
More Info about Pennsylvania & QSBS →South Dakota
No state income or capital gains tax (i.e. conform with Section 1202)
More Info about South Dakota & QSBS →Tennessee
No state income or capital gains tax (i.e. conform with Section 1202)
More Info about Tennessee & QSBS →Texas
No state income or capital gains tax (i.e. conform with Section 1202)
More Info about Texas & QSBS →Wisconsin
Conforms to Federal QSBS (IRC Section 1202)
As of October 25, 2023, Wisconsin conforms to Federal QSBS regulations, retroactive to January 1, 2019. Previously, Wisconsin had followed section 1202, but at a 50% tax exclusion on capital gains from the sale of QSBS, for stock acquired after December 31, 2013.
More Info about Wisconsin & QSBS →Wyoming
No state income or capital gains tax (i.e. conform with Section 1202)
More Info about Wyoming & QSBS →- Does not conform to Federal QSBS (IRC Section 1202)
- Partially conforms with Federal QSBS (IRC Section 1202)
- No state income or capital gains tax (i.e. conform with Section 1202)
- Recent legislative changes underway
- Conforms to Federal QSBS (IRC Section 1202)