I am struggling with words to report my situation, and I will try again. I have read that the government, at times, has tried to stimulate investment in small business start-up companies. They do this by (1) exempting tax payments on stock sales for qualified small businesses and (2) exempting tax payments for bonus payouts on meeting sales thresholds of their product. In 2019, a larger company bought the small company I invested in, for which I received a profit. Eighty percent of my stock qualified for QSBE; the remaining 20% did not qualify because of the purchase dates. I reported this in my Turbotax efiling for 2020. Now, a year later, the acquiring company has met a sales threshold, for which I have received a payment. How do I report the exemption from meeting a sales threshold in Turbotax?
