Turbotax is asking me which exclusion percentage to you see on my 1099-DIV statement. Where do I find this info?

[JulieS · Accepted solution]

Yes, you may see that very uncommon question if you have a figure in box 2c of your 1099-DIV. 

This refers to a a stock sold under Section 1202. Under section 1202, a 50% exclusion may be allowed on the gain from the sale or exchange of qualified small business stock (QSBS) issued after August 10, 1993, and held for more than 5 years. The remaining gain is taxed at a maximum of 28%.

If you have a number greater than zero in box 2c of 1099-DIV, you need to contact your broker to find out your exclusion percentage. 

If your 1099-DIV has a zero in box 2c, you can leave the screen blank because this doesn't apply to you.