### Question
How is the term qualified small business stock defined?


### Answer
The term **qualified small business stock** is defined in *26 U.S.C. § 1045* as the following:

> given such term by section 1202(c).

#### Citation:
  - *26 U.S.C. § 1045*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter O-Gain or Loss on Disposition of Property > PART III-COMMON NONTAXABLE EXCHANGES**

