Fictional demo. Not tax advice.Sample for illustration only

Northstar Robotics, Inc. (fictional Delaware C-corp)

ISO exercised in 2020 · Former employee (illustrative)

Acquisition: Option exercise — 2020-04-12 · State: California · Upcoming event: Possible tender offer — Q4 2026
Evidence completeness
Documentation only — not eligibility.
100
evidence incomplete
Evidence items
8
Received
2
Requested
2
Missing
4

Evidence matrix

Original issuance
Option grant + exercise notice
received
Election
83(b) election + certified mail receipt
received
Cap table
Cap-table extract showing original issuance
requested
C-corp status
Counsel letter confirming C-corp throughout holding period
requested
Gross assets
Officer attestation: gross assets at and immediately after issuance
missing
Active business
CFO memo: active business use of assets
missing
Redemption
Issuer confirmation: no significant redemptions in lookback windows
missing
Counsel memo
Issuer QSBS / counsel-reviewed materials
missing

Generated issuer request letter

Subject: Request for Section 1202 evidence — Northstar Robotics shares To: Northstar Robotics, Inc. — Stockholder Records I am a current stockholder of Northstar Robotics, Inc., having acquired shares via option exercise on April 12, 2020. In connection with an upcoming review of my tax position, my CPA has asked me to gather the following factual evidence from the company: 1. Written confirmation that Northstar Robotics has been a domestic C-corporation continuously from incorporation through the present. 2. Officer attestation of aggregate gross assets at, and immediately after, my 2020 issuance, including the relevant balance sheets. 3. Confirmation that the company has conducted an active trade or business throughout the holding period. 4. Schedule of any stock redemptions or repurchases from me or related parties in the applicable lookback windows. 5. A cap-table extract showing the original issuance to me. This request is solely for tax-review purposes. We are not asking the company to opine on Section 1202 treatment. Please respond by [date] or let me know who I should follow up with. Thank you, [Holder name]

Risk flags & open questions

Risk flags
  • !Gross-asset support not yet on file — needed before review.
  • !Redemption / repurchase history unconfirmed by issuer.
  • !Active business attestation outstanding for the full holding period.
CPA questions
  • ·Confirm holding-period start date for tax purposes given the 2020 exercise.
  • ·Identify the applicable per-issuer exclusion cap that applies to this holding.
  • ·Confirm any state-level conformity items (CA partial conformity considerations).
Issuer questions
  • ·Was the company a domestic C-corp continuously from incorporation through the present?
  • ·Aggregate gross assets at and immediately after the 2020 issuance — under the applicable threshold?
  • ·Any redemptions from the holder or related parties in the applicable lookback windows?
  • ·Has counsel previously reviewed Section 1202 treatment for these shares?

Audit trail

2026-02-04HolderCreated dossier from /scan
2026-02-05HolderGenerated issuer evidence request letter v1
2026-02-08IssuerAcknowledged request; routed to legal
2026-02-19IssuerProvided cap-table extract
2026-03-02HolderSent follow-up request for gross-asset and active business support

Export preview

Cover page
Section 1202 Evidence Dossier — Northstar Robotics, Inc.
Prepared by holder · For CPA / tax-attorney review · Fictional sample
Section
Factual summary
Section
Evidence matrix
Section
Issuer letter + follow-up
Section
Risk flags & questions
Section
Document index
Section
Audit trail
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Educational information only. 1202 Request does not provide tax, legal, accounting, investment, or securities advice and does not determine or certify QSBS eligibility. Review your facts and any documentation produced here with a qualified tax professional.